According to sources, Amazon did not expect to make a profit for four to five years. This comparatively slow growth caused stockholders to complain that the company was not reaching profitability fast enough to justify their investment or even survive in the long-term. The dot-com bubble burst at the start of the 21st century and destroyed many e-companies in the process, but Amazon survived and moved forward beyond the tech crash to become a huge player in online sales. The company finally turned its first profit in the fourth quarter of 2001: $5 million (i.e., 1¢ per share), on revenues of more than $1 billion. This profit margin, though extremely modest, proved to skeptics that Bezos' unconventional business model could succeed.
Shopping for a new tablet that's not too pricey? Amazon has the Fire HD 10 tablet on sale for $119.99. Normally, this tablet sells for $149.99, so that's a savings of $30 off. It packs a 10.1-inch 1080p Full HD display, a 1.8GHz quad-core processor, 2GB of RAM, and 32GB of storage which is expandable up to 256GB. You also get unlimited storage for Amazon content so you won't have to worry about running out of space. With Alexa-hands-free functionality built-in, the Fire HD 10 lets you call mom, play your favorite songs, and even order pizza using just your voice. With over 10 hours of battery life, this tablet gives you all day performance when you're on the go. Read, browse the Web, watch videos, and listen to music without interruption.
In November 2015, Amazon opened its first physical bookstore location. It is named Amazon Books and is located in University Village in Seattle. The store is 5,500 square feet and prices for all products match those on its website. Amazon will open its tenth physical book store in 2017; media speculation suggests Amazon plans to eventually roll out 300 to 400 bookstores around the country. Amazon plans to open brick and mortar bookstores in Germany.
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In 2013, Amazon secured a US$600 million contract with the CIA, which poses a potential conflict of interest involving the Bezos-owned The Washington Post and his newspaper's coverage of the CIA. Kate Martin, director of the Center for National Security Studies, said, "It's a serious potential conflict of interest for a major newspaper like The Washington Post to have a contractual relationship with the government and the most secret part of the government." This was later followed by a US$10 billion contract with the Department of Defence.
Tablets are super portable, making them great to do check emails, do school work, or play games on-the-go. Right now, Prime members can get $40 off the Fire HD 10 Tablet, which has a great display and Alexa built-in, making it easier than ever to pause videos and open other apps. This is $10 more than the lowest price we've ever seen for this model and we can expect this price again around Black Friday. But if you've wanted a tablet for work or school for some time now, we still think it's a great buy.
CheapCaribbean via ShermansTravel offers an All-Inclusive Riu Guanacaste 4-Night Flight and Hotel Vacation for Two in Guanacaste, Costa Rica, with prices starting at $1,549.92. That's the lowest price we could find by at least $26. This price is based on departure from New York, NY, (LGA) with arrival in Liberia, Costa Rica, (LIR) on December 2; other departure cities are available for an additional cost. This 4-star hotel has an Expedia rating of 76% based on 1,693 reviews. Book this travel deal by November 11 for travel from November 9 through December 23.
Amazon online shopping is a great way to save on all kinds of items you might need, without having to leave home! They sell just about everything from food, to clothing, toys, household items and much more. Instead of having to scour through page after page on Amazon, we will compile the Amazon Daily Deals here for you! This post will be updated daily (M-F) with a list of many of the days best deals at Amazon.
Apple iPhone Deals - Expect Best Buy to announce several different iPhone deals in its Black Friday ad scan. I predict the main deal will be a saving of up to $200 on the Apple iPhone XR with Qualified Activation. If it offers iPhone XS and iPhone XS Max deals, it will likely be $0 down and a free gift card valued at up to $300 with Qualified Activation. Amazon won’t be able to match these gift cards and will instead have modest discounts of 5-8% when you buy the phone outright.
October is almost over but the killer daily deals are just beginning. Highlights from today’s roundup include the best-selling SanDisk microSD card on Amazon’s whole site with 128GB capacity for just $23, a $15 discount on the most popular Instant Pot on the planet, Amazon’s top-selling fast wireless charging pad for only $15, rare discounts on Blink indoor home security cameras and Blink XT weatherproof cameras (both with 2-year battery life!), $45 for a box that instantly turns any normal wall outlet into a gigabit Ethernet port, $38 for a home security camera with features you won’t find on a $199 Nest Cam, a $36 pad that wirelessly charges three devices at once, discounts on all of Amazon’s new Fire tablets, and so much more. See all of today’s top deals below.
Paribus is a free tool that connects to the email account where you send your shopping receipts. From there, it tracks your receipts and stores' policies to see if you might be owed money (price drops, late deliveries, etc.). If they identify potential savings, Paribus will let you know and streamline the claim process to make it as easy as possible to get your money back.