Amazon had a disappointing holiday quarter. They missed revenue projects by nearly $6 billion, and net income estimates by “a landslide.” Wall Street wasn’t pleased. BGR points out that, during the earnings conference call to discuss Q4 2013, Amazon’s CFO Tom Szkutak mentioned an increase would be coming to Amazon Prime.
How much of an increase? Between $20 and $40 a year. That would mean new Amazon Prime memberships (and possibly renewals for existing Prime members) would cost between $99 and $119 a year. He cited an increase in fuel and transportation costs for one of the highlight features of Amazon Prime: free 2-day shipping.
If you don’t already have Amazon Prime, you can sign up for a free 30 day trial and then, assuming the price hasn’t jumped by that time, sign up for the current rate of $79 per year. If you shop online much, especially on Amazon, it’s definitely worth your while. If you need more information about Amazon Prime and all its benefits, check out this post: How to Sign Up for [and cancel] Amazon Prime.
You should follow Mike on Twitter for more great tech insights and good conversation. Be sure to say hello! You can also keep up with Mike on his personal blog: MikeBeauchamp.me, on Facebook, or on Google+.