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.
Office Depot and OfficeMax offers a $20 Office Depot and OfficeMax Gift Card for free with orders of $50 or more via coupon code "32691270". (Add the gift card to your qualifying cart before applying the coupon code.) That's a savings of $20 off future Office Depot and OfficeMax purchases and the best such offer we've seen. Some exclusions apply. Deal ends November 3.
BuyDig offers the Sony 69.5" 4K HDR Flat LED Ultra HD Smart Television, model no. XBR70X830F, bundled with a $150 Visa Gift Card for $1,598 with free shipping. (The gift card will be emailed within six to eight weeks.) Assuming you'll use the gift card, that's $52 under our mention from two weeks ago and the lowest price we could find now by $150. This 2018 model features:
SZBecky via Amazon offers the Becky Windproof Compact Travel Umbrella in Water Wood Handle for $21.99. Coupon code "359N9EDQ" cuts it to $14.29. Plus, Prime members receive free shipping. That's $8 off and the lowest price we could find. It features a 1-button automatic open/close, 10 reinforced fiberglass ribs, and 40" canopy with Dupont Teflon coating. Deal ends October 30.
Amazon lightning deals, are deals that show up for a limited amount of time. Every couple hours, you’ll find a different deal – head on over HERE to see all the lightning deals! If you are an Amazon Prime member, you can get 30 minute early access to some of these deals. Note – Lightning deals do NOT work on mobile devices, unless you have the Amazon Mobile App.
In May 2018, Amazon threatened the Seattle City Council over an employee head tax proposal that would have funded houselessness services and low-income housing. The tax would have cost Amazon about $800 per employee, or 0.7% of their average salary. In retaliation, Amazon paused construction on a new building, threatened to limit further investment in the city, and funded a repeal campaign. Although originally passed, the measure was soon repealed after an expensive repeal campaign spearheaded by Amazon.
At first I thought, why do I need amazon on my tv? But then, I thought, of course I need amazon on my tv! It’s actually pretty handy, and I’m not talking about just ordering shows or movies. If you just want to look at something quickly, there’s no need to fire up the computer or tablet or look for your phone (which I can never find quickly). If you want to show someone a product, poof, it’s on the tv which is so much easier to look at than my tiny phone screen! Also, if you use your alexa voice control, it’s all hand free. Admittedly, mine often has to be told a couple of times and the transition isn’t seemless by any means, but in all, it works out pretty well when I remember it’s available!