7:23 AM Amazon (AMZN) makes so much money off of its Prime customers it could drop the $79 annual fee and still come out of way ahead. Though the company has no pressing reason to cut into the Prime program with it accounting for close to a third of the firm's operating profit, it's a lever which should strike some fear into retailers such as Target (TGT) and Wal-Mart (WMT). Read comments
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AMZN price at time of publication: $274.13. Check AMZN price now »
Focus Articles on AMZN
- Amazon Q1 2013 Revenue Growth Continues To Track Below Q4 2012 by Paulo Santos
- Amazon Without High Profits Is Overvalued by Suman Chatterjee
- What Is The True Cost For Amazon Prime? by Robert Wu
Press Releases on AMZN
- Prime Instant Video Greenlights Original Children's Series Pilot Sara Solves It (Business Wire)
- Scripps Networks Interactive's Popular Lifestyle Shows from HGTV, DIY Network, Food Network, Cooking Channel and Travel Channel Coming to Prime Instant Video and Amazon Instant Video (Business Wire)
- Amazon Cloud Player App Now Optimized for iPad (Business Wire)
Related Articles on AMZN
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Recent Market Alerts on AMZN: All currents | Earnings | Dividends | M&A | On the move
Transcripts on AMZN
- Amazon.com's Management Discusses Q4 2012 Results - Earnings Call Transcript
- Amazon.com's CEO Discusses Q3 2012 Results - Earnings Call Transcript
- Amazon.com's Management Discusses Q2 2012 Results - Earnings Call Transcript
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