Amazon's Prime Day shatters sales record -- again

Source Via Amazon

To the surprise of no one, Amazon Inc. has revealed that it's Echo speaker was the best seller on the company's third annual Prime Day.

Prime Day also bodes well for another part of Amazon's business: Alexa.

As well as this, 91% of Prime members then continue their membership past the first year. Still, Amazon often came out on top. This is what you need to know: It's a 30 hours shop.

Concludes David: "Even if the average discount was 20%, that $700 million hit is nothing against the £ ($10.4bn) United Kingdom households alone will spend with Amazon during the course of a year!"

Office Depot told its customers that in a 48-hour event, they could save up to 70% on Monday and Tuesday.

This year was the first Prime Day that included several new countries. They have kept the registration window open for the customers who are not now the Prime customers which would benefit them to increase their sales numbers. In that respect, AMZN picked up more Prime members than any other day in the company's history. Prime costs about $100 per year. The promotion also saw an influx of new Prime members, Amazon said. The strong sales bode well for Amazon's Alexa ecosystem.

Intercontinental Exchange Inc. (NYSE:ICE) Stake Maintained by Barings LLC
Wealthfront Inc. acquired a new position in Intercontinental Exchange during the fourth quarter valued at approximately $754,000. Veritable Lp decreased Whole Foods Mkt Inc (NASDAQ:WFM) stake by 20,360 shares to 43,639 valued at $1.34M in 2016Q4.

In other news, CEO Jeffrey A. Wilke sold 710 shares of stock in a transaction that occurred on Wednesday, June 28th.

The sale of products is not the only thing that makes this a successful event for Amazon.

Amazon Prime Day offered discounts to Amazon Prime subscribers on various products, and Amazon did not hold back for its Amazon Echo product line. Even if Amazon loses money on the device sales, it gets a toehold for its Alexa platform to become more connected to shoppers who can use it to check the weather, stream music, hail an Uber, order pizza - and of course buy more from Amazon - by voice command.

Amazon said the most popular purchase was the Echo Dot, the low-end model of the Amazon Echo, a voice-activated system with speaker that functions like a personal digital assistant. If so, let us know in the comments section below. And the company gave a number of indications that it's working on engaging customers more. It's normal listing price is $180 on any regular day outside of Prime Day or Black Friday. On Prime Day, it sold for $89.99, down from $129.

In addition to the USA, shoppers in 12 other countries - including the U.K., Mexico and China - can participate this year.

Related News:

  •, Inc. (NASDAQ:AMZN) Position Cut by Parsec Financial Management Inc, Inc. (NASDAQ:AMZN) Position Cut by Parsec Financial Management Inc

    It improved, as 16 investors sold IDA shares while 82 reduced holdings. 4 funds opened positions while 10 raised stakes. Barclays Capital maintained United States Steel Corporation (NYSE:X) on Wednesday, July 13 with "Equalweight" rating.
    SL names Chandimal as Test captain, Tharanga for ODIs, T20I

    SL names Chandimal as Test captain, Tharanga for ODIs, T20I

    But beating Sri Lanka in a Test match poses a far greater challenge than the ODI series for the inexperienced Zimbabweans. The highlight of Mathews' captaincy was the national side whitewashing Australia 3-0 in a Test series past year .
    Woman in court over death of toddler in apartment

    Woman in court over death of toddler in apartment

    The mother of a three-year-old boy found stabbed to death in their Dublin home has appeared in court charged with his murder. The district court can not grant bail in murder cases and she was remanded in custody to appear again on July 20 next.
  • This Is the 2017 Google Pixel "XL"

    Other parts of the phone, like the bezels around the screen have been dramatically reduced. We're now coming across a handful of leaks pertaining to Google's new Pixel XL handset.
    Amazon's Record-Breaking Prime Day Proves That It Owns the Consumer

    Amazon's Record-Breaking Prime Day Proves That It Owns the Consumer

    The Google Home has since entered the market, with the Apple HomePod and Microsoft Invoke arriving as additional challengers soon. This was despite its bigger brother, the Amazon Echo, going on sale at half-price - $90, compared to its standard $180.
    Microsoft Corporation (NASDAQ:MSFT) Given Daily News Impact Rating of 0.05

    Microsoft Corporation (NASDAQ:MSFT) Given Daily News Impact Rating of 0.05

    RBC Capital Markets initiated Intercontinental Exchange Inc (NYSE:ICE) on Wednesday, December 9 with "Sector Perform" rating. Financial Bank Of Nova Scotia holds 0.37% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 1.16 million shares.
  • Harvard looks to kill Greek life

    Harvard looks to kill Greek life

    Eventually, the committee intends to present its recommendations to Dean of the Faculty of Arts and Sciences Michael D. The committee is arguing that the clubs were a "product of their time" but should have adapted as the years went on.
    Nine Inch Nails Announces 'ADD VIOLENCE' EP, Shares Cinematic New Single

    Nine Inch Nails Announces 'ADD VIOLENCE' EP, Shares Cinematic New Single

    Sure enough, he remained good to his word delivering a totally new video for a single titled "Less Than". Fans can pre-order Add Violence in hi-res digital format instantly receive a download of "Less Than".
    Sudan halts talks with USA  after decision on lifting sanctions postponed

    Sudan halts talks with USA after decision on lifting sanctions postponed

    The Obama administration justified lifting the sanctions by citing improved counterterrorism efforts and other progress in Sudan . Without identifying them, he said such groups have "continued to raise slogans and outdated reports " about the situation.
  • Indonesia's president signs decree banning radical groups

    Indonesia's president signs decree banning radical groups

    However the change to the law has been blasted by several human rights groups, including Human Rights Watch in NY , which labeled it "troubling".
    Vertu became bankrupt: the production of smartphones is terminated

    Vertu became bankrupt: the production of smartphones is terminated

    While the company used older versions of Android in its phones, it was the materials that brought the phones' exuberant costs. He will continue to own Vertu's brand, technology, and design licenses, with plans to revive the company in the future.
    Thomas, Okoronkwo named to the Nagurski watch list

    Thomas, Okoronkwo named to the Nagurski watch list

    Reaves will be a starter for the third straight year this season, having moved from cornerback to safety during the 2016 season. Penn State has never won a Nagurski Trophy, but has had five finalists, most recently Carl Nassib in 2015.

Most liked

Gran Turismo Sport Launches October 17 on PS4
You will also be able to get a standard edition version if you just want the game. The North American and European PlayStation Blogs have delivered information.

ME lawmaker apologizes over implied threat to kill Trump
Hamann added, "if anything negative comes from your attack on my employment, my attorney will be in touch". Republicans now hold the majority in the senate while Democrats have the majority in the House.

David Beckham's daughter Harper gets royal treat at Buckingham Palace
A spokesman for Sarah, Duchess of York, told the news site the party was a "private family event" which was a "small family tea". Dickie Arbiter, a former Buckingham Palace press secretary, said: None of them has got a right to be there .

Several Minnesota Gymboree, Crazy 8 stores to close
Sears Holdings ( SHLD ) has said it plans to shut down more than 250 stores this year - about 20 percent of its locations . Payless ShoeSource immediately closed almost 400 stores when it filed for Chapter 11 bankruptcy in April.

Activision Blizzard, Inc. (NASDAQ:ATVI) announce sale of first Overwatch League™ teams
Finally, Norges Bank acquired a new stake in Activision Blizzard during the fourth quarter valued at approximately $165,030,000. Equities analysts predict that Activision Blizzard , Inc will post $2.00 earnings per share for the current fiscal year.

Sri Lankan President leaves for Bangladesh visit
They said the President would hold discussions with Bangladesh President Abdul Hamid and Premier Sheikh Hasina during the visit. Bangladesh and Sri Lanka will have bilateral delegation-level talks here on Friday.

Hays Advisory LLC Sells 3023 Shares of Apple Inc. (NASDAQ:AAPL)
After $2.10 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts -25.24% negative EPS growth. They presently have a $132.00 target price on the iPhone maker's stock, up from their prior target price of $130.00.

Upcoming Nokia Phones 2017 Chipsets Revealed
Earlier this year, HMD Global announced that they are planning to release six to seven Nokia smartphones in 2017. As for the Nokia 7, it will be nearly full analog of Nokia 6 , but with the Qualcomm processor 630.

New GIANT Images Of Jupiter's Red Spot Are Amazing
Steve Levin, the lead project scientist for the Juno mission, added: "This is a storm bigger than the entire Earth". Now, thanks to the historic Juno probe, Nasa has taken the most detailed imaged of the Great Red Spot.

Amazon's next Echo will be more like Apple's HomePod
According to a new report, Amazon is "working on a new Echo that will improve on the first speaker in practically every way". These playback controls now only work when streaming a title from Amazon Video, but they're nice to have nonetheless.

European Union can 'go whistle' for Brexit bill
But the exit bill has been a major source of contention, with Johnson saying it was excessive in a speech to parliament on Monday. Sir Keir said: "Labour has always been clear that Brexit can not lead to any rolling back of rights and protections".

Michel Barnier's jab at Boris Johnson's 'go whistle' comment
Britain's Prime Minister Theresa May speaks outside 10 Downing Street in London June 4, 2017. That could end up softening the ultimate Brexit .

Bold Bardet wins stage as Froome surrenders yellow to Aru
The group of favourites came to the foot of the climb together, but after Aru struck out first, Froome struggled to respond. Rigoberto Uran and Aru were second and third, two seconds behind.

Johnson Controls International PLC
Quadrant Capital Group LLC increased its position in shares of Johnson Controls International PLC by 1.0% in the first quarter. The greater the amount by which the fair value goes beyond the market value, the more highly recommended a buy the stock is.

Gorka Spars With Cooper Over Coverage Of Don Jr. Emails
Cooper was criticized in May for rolling his eyes on two occasions during an interview with White House counselor Kellyanne Conway.