Latest News

In One Chart: Amazon Prime is raising its price: Here’s how much it has gone up over the years

0 Inc. announced Thursday it is increasing prices for the company’s flagship shipping and streaming service Amazon Prime to $139 from $119 a year.

In Amazon’s fourth-quarter earnings report, the company disclosed a quarterly profit of $14.3 billion, or $27.75 a share — and Amazon stock AMZN, -7.81% shot up 14% in Thursday’s after-hours session.

Here is how annual prices for Amazon Prime have increased over the years:

Increasing the fee again this year seems reasonable and would maintain the latest cadence of about four years,” wrote Jefferies analysts led by Brent Thill.

Amazon stock is down 4.78% over the past 12 months, compared to an 18.03% gain for the S&P 500 SPX, -2.44% index over the same period.

How Rivian Rescued Amazon Earnings—but Not Ford

Previous article

: Amazon increases Prime subscription price in U.S. as membership tops 200 million

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News