Amazon and Apple posted better than expected sales, reassuring investors that the tech giants will be able to weather slowdowns in global economies.
Amazon forecast in a trading update that higher fees for its Prime membership would boost its bottom line, while Apple said demand for its all important iPhone remained strong.
Both firms said they were making progress controlling running costs, despite prices rising at rapid rates.
The updates sent shares soaring.
The quarterly updates from Apple and Amazon are closely watched as indicators of how customers are reacting to the economic climate.
Looking for a quality tablet for streaming and e-books (without the Apple prices)? Amazon has pretty much cornered the market in that regard. The brand’s Fire HD 10 is inexpensive and high performing, and ideal if you’re already invested in the Amazon ecosystem with a Prime membership or Alexa-enabled devices. It’s also a solid choice for people who use the Microsoft app suite for work.
The Amazon Fire HD 10 ($149.99) boasts a brighter display, a more durable screen, and 50 percent more RAM than the previous gen Fire 10 tablet — along with a 2MP front-facing and 5MP rear-facing camera. Its low price compared to the iPad (starting at $329) makes it a serious contender in the tablet market, and it comes in four color options (black, denim, lavender, olive).
You know how every other ebook reader under the sun supports EPUB files, but Amazon’s Kindle stubbornly refuses to do so? Well, that’s changing.
Amazon quietly updated its help documentation (via Goodreader) to state that Kindle devices will start supporting EPUB files.
There’s a catch, though. “Beginning in late 2022, Send to Kindle applications will support EPUB (.EPUB) format,” says the document. This means you’ll be able to send EPUB files to your Kindle via Amazon’s handy Send to Kindle system, which essentially lets you upload documents to your Kindle by emailing them to your Kindle email address. It’s unclear, however, whether Kindles will natively support EPUB files, allowing you to purchase ebooks from Amazon’s library in the EPUB format directly.
Online marketplaces have taken off in recent years. Shoppers are flocking to sites like Amazon and Walmart.com for more selection, better pricing, and the ease and comfort of shopping from home. If you’re an entrepreneur, selling your products on online marketplaces can lead to incremental sales growth and will get your brand in front of millions of shoppers.
Who are the biggest online marketplaces?
First, let’s define some of the big players where you can sell your products. Here are the top online marketplaces in the United States based on monthly visitors:
Amazon is raising the price of its Prime service for US customers after reporting record sales and profits.
The e-commerce giant said it was hiking the price by 17% to $139 for annual membership.
The firm, which cited increased wage and shipping costs, said it had no announcements to make about other countries “at this time”.
It is the first increase since 2018 for Prime, which gives subscribers access to benefits like faster shipping.
Amazon has reached a legal settlement in California over claims it failed to adequately inform its warehouse workers about Covid-19 cases in the workplace.
California’s attorney general said workers had been left “terrified and powerless”.
The delivery giant will pay $500,000 but did not admit wrongdoing in agreeing on the settlement.
Amazon said the law did not require it to share total numbers of cases with staff, but it had now started to do so.
Amazon announced Monday that it has acquired the exclusive U.S. rights to a connected-TV TikTok app, allowing Amazon Fire TV users to stream videos from the popular social media app on their televisions.
Amazon’s annual fall showcase saw its fair share of exciting announcements. One such revelation is the all-new Amazon Echo Show 15, the company’s biggest smart display yet.
The 15.6-inch 1080p HD display parts ways with the boxier designs of previous Echo Show displays, favoring a sleeker, moreflat design. It’s also the first Show that can be wall-mounted for either landscape or portrait viewing. Powered by the Alexa voice assistant and Amazon’s new AZ2 neural-edge processor, it places a great emphasis on shared family connections. Intended to stand upright or be hung in communal spots throughout the home (living room, kitchen, hallway, etc.), the Echo Show 15 will allow the whole family to check in on shared calendar events, post sticky notes, add to shopping lists, and more.
Amazon is launching Astro, its first household robot, powered by its Alexa smart home technology.
The company said it can be remote-controlled when not at home, to check on pets, people, or home security.
It can also patrol a home automatically and send owners a notification if it detects something unusual.
Amazon said it was more than “Alexa with wheels” and had been programmed with a range of movements and expressions to give it personality.