July 17, 2018
Amazon’s website and app may have glitches. Fulfillment center workers in Europe are on strike. But that hasn’t put much of dent (thus far) into the ecommerce behemoth’s 36-hour “Prime Day” retail extravaganza, which ends July 17 at 11:59 p.m. PT.
“Nobody does any business in July … Amazon intends to take over the world, and they’re doing a pretty darn good job of it,” retail consultant Jan Kniffen told CNBC last year.
Day 1 (July 16) saw Amazon’s stock hit a record $1,841.95 per share, making founder/CEO Jeff Bezos the world’s richest person (cracking $150 billion in net worth) in modern history – exceeding No. 2 Microsoft co-founder Bill Gates’ net worth by $55 billion!
Amazon shares declined following Netflix’s subscriber growth miss to close at $1,822.49 per share.
Amazon’s website suffered temporary outages at the begin of Prime Day, which analysts attributed to user demand and resulted in some lost sales.
“I think it [was] more of an impact on the customer experience and consumers who tried to get on the site and couldn’t find anything and realized they would have to come back,” Sucharita Kodali with Forrester Research told CNBC.
Prime Day’s offerings feature myriad packaged media deals, including hundreds of $14.99 4K UHD Blu-ray movies such as The Dark Crystal, Terminator 2: Judgement Day, Batman v. Superman – Dawn of Justice, John Wick, The Incredible Hulk, Apollo 13, The Accountant, Starship Troopers, E.T. The Extra-Terrestrial, Dredd, Battleship, The Mummy, Lone Survivor, Everest, King Kong, and Close Encounters of the Third Kind, among others.
Boxed sets include, Paramount Home Media Distribution’s The Godfather 3-Movie Collection($10.20), HBO’s Game of Thrones Seasons 1-7($74.99), and Warner Bros. Home Entertainment’s Harry Potter Complete 8-Film Collection 4K UHD($79.98).
Streaming media deals include Fire TV Stick with Alexa voice remote ($19.99), Fire TV with 4K Ultra HD and Alexa voice remote ($34.99), and Fire TV Cube with wireless Echo speakers ($89.99).
TCL 32-inch and 40-inch Roku TVs for $129.99 ($70 off) and $194.99 ($95 off), respectively. Toshiba 50-inch Amazon Fire TV Edition for $289.99 ($110 off), and LG 55-inch and 65-inch OLED TVs for $1,696.99 ($300 off) and $2,296.99, respectively.