Earnings Outlook: Amazon earnings: 100 million members could be the company’s Prime number

Amazon’s CEO Jeff Bezos announced last week that Prime membership has reached 100 million around the world

When Amazon.com Inc.’s Chief Executive Jeff Bezos announced last week that the company’s Prime membership had reached 100 million, many were excited to hear the number, though it was roughly what had been expected.

“Amazon’s disclosure… globally reflects the power of the program, and validates the continuing substantial investments on various fronts to both attract and maintain this important core base,” said Charlie O’Shea, Moody’s lead retail analyst, in a statement.

“The number makes a lot of sense,” he added in a discussion with MarketWatch.

See:The latest victims of the Amazon effect: The Kardashians

>>> Original Source <<<