After reporting a net loss of $57m in Q1, 2015, Amazon is right on the money this year. The company moved beyond analyst expectations in all areas by reporting a whopping $513m profit margin in Q1 sales this year. The company's net profit is largely due to the sale of its own manufactured products like Kindle e-reader and Fire Tablet…
End of the year sales and a week long Holiday Season are pretty good reasons for shoppers to embark on a shopping journey. But wait, don't go anywhere because you can now track most of these smart online shoppers shopping at one particular online destination i.e. Amazon.com. Well, that's what the online retail giant reports. It has observed that more…
Last weekend was supposed to be the busiest shopping weekend of the year but it turned out to be just a regular weekend. Marketers promote Black Friday as one of the biggest money spinner, but this year it proved to be quite a forgettable weekender from sales point of view. In comparison, the first day of the week i.e. Cyber Monday turned out to be a humdinger of a day, as we saw online sales record touching a new high.