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03-25-2023 01:01 AM
03-25-2023 03:07 PM
03-25-2023 05:14 PM
03-25-2023 09:22 PM
@peggyhbsl wrote:
I canceled my Amazon 2 weeks ago. I still get free shipping.
The perks , I never used.
I am tired of “ paying” to shop.
I have always wondered how much Amazon gets annually from Prime subscriptions alone.
It's a good gig if you can get it!
03-25-2023 10:05 PM
From CNBC this is a small snippet talking about some of Amazon's financial woes.
"Amazon’s market cap has shrunk to about $834 billion from $1.7 trillion to start the year. The company fell out of the trillion-dollar club last month.
Much of Amazon’s misfortunes are tied to the economy and macro environment. Soaring inflation and rising interest rates have pushed investors away from growth and into companies with high profit margins, consistent cash flow and high dividend yields."
There's more to the article but it included these points ~
Amazon shares are about to wrap up their worst year since 2000 and second worst on record.
The stock has plunged 51% this year, wiping out hundreds of billions of dollars in market cap.
Among the most valuable tech companies, Amazon still performed better than Meta and Tesla. Well, at least that's something anyway.
It's no wonder Amazon has laid off 27,000 employees since November of 2022. That about 26,600 less than QVC but no one seems too concerned.
03-25-2023 10:21 PM
I won't pay for Prime. Every so often they offer me a free trial that ranges from a week to 30 days.Then I cancel it.
I make sure my orders total $25 so I always get free shipping & returns.
03-25-2023 10:58 PM
it is just like magazine subscriptions; once you subscribe, they keep charging you forever
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