"Amazon has 237 million active customers but as a general rule makes almost no profit. Thursday’s announcement that the company was considering raising prices by as much as 50 percent on its $79 Prime shipping program could mean $500 million for its skimpy bottom line.Amazon to Raise Fees as Revenue Disappoints - NYTimes.com
“This is the first time we’ve ever seen Amazon flex its muscles in terms of pricing,” said Gene Munster, an analyst with Piper Jaffray. “It’s hugely significant.”"
Friday, January 31, 2014
Amazon to Raise Fees as Revenue Disappoints - NYTimes.com
Prime time for Amazon profits?
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