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Amazon Posts $7.2B Shipping Loss For 2016
Amazon // February 10, 2017

Last week, Amazon released its Q4 earnings report for 2016, and while the company posted revenue of $43.7 billion, the reality fell below The Street’s $44.7 billion expectations, sending shares down 4 percent in after-hours trading as a result. Looking at Amazon’s year-end numbers, it’s...

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Amazon in Talks with Wireless Carriers to Offer Low-Cost Mobile Phone Service to Prime Members

June 02, 2023
Amazon, the world’s largest online retailer, is reportedly in talks with several wireless carriers to offer its Prime subscribers low-cost or even free nationwide mobile phone service. The company is negotiating with Verizon Communications, T-Mobile US and Dish Network to secure wholesale prices, with the aim of offering Prime members wireless plans for as little […]

Amazon Posts $7.2B Shipping Loss For 2016

February 10, 2017
Last week, Amazon released its Q4 earnings report for 2016, and while the company posted revenue of $43.7 billion, the reality fell below The Street’s $44.7 billion expectations, sending shares...