Amazon Prime Price Likely To Go Up To $119/Year

Amazon obliterates expectations thanks to Prime and cloud

Amazon obliterates expectations thanks to Prime and cloud

The perks under the shipping category refer to several types of free deliveries to various zip-codes in the U.S. And the number of items included run in hundreds of millions! We saw this when Netflix raised the price of their service $1 per month and we see it all the time with the cost of gas, milk and practically anything else that has a price.

The trick involves purchasing a Prime Gift card and using it on yourself, and should work as long as you buy it before May 11, when Prime's price increases.

Amazon founder and CEO Jeff Bezos credits Amazon Web Services for some of the companys success.

If you're an Amazon Prime subscriber, you most likely heard that the company is increasing the program's cost by $20. So, if you're in school and haven't signed up for a Prime student discount, get on it! Four years ago, the service had 20 million products available for two-day shipping.

The move is set to possibly generate a further $2 billion a year for Amazon if all existing customers accept the price increase and don't change or cancel their membership.

Anyone who isn't a student can get a free trial of Amazon Prime for 30 days.

Prime Video: One of the biggest perks to having Prime, is the option of streaming some of your favorite movies and TV shows.

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Certainly the demand for the service would seem to justify the increase, as the number of Amazon Prime members recently surpassed 100 million.

Operating income was $1.9 billion, a 92 percent increase year-over-year. Even though Amazon's worldwide sales grew 34 percent, it suffered a loss of $622 million in the area.

This seems odd, but the first thing you need to do is cancel your Prime membership. Amazon has used Prime to cater to customers looking for restaurant deliveries, unlimited photo storage, and access to ebook rentals.

Shoppers who receive certain types of government assistance, including Medicaid, may qualify for a discounted rate of $5.99 per month, or $72 a year, which will not increase as part of the overall hike.

They're spending more money, but they're also making more money, and they'll continue to do so with the price hike with Prime.

Now that you have the digital gift card, you just need to apply it to your Prime membership before it expires.

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