Amazon Moves Its Prime Day Sale To The Second Quarter

Share post:

Amazon recently announced the shift of its Prime Day sales date to the second quarter.

The announcement was made during the first quarter earnings conference call.

While Amazon’s Prime Day sales traditionally take place in the third quarter, it has been delayed until the fourth quarter of 2020.

With Amazon unveiling a revenue target for the second quarter to be etween $110-116 billion, company executives revealed in a conference call with the press the Prime Day will take place in June.

Commenting on the planned Prime Day move, Amazon CFO Brian Olsavsky said: “We are excited to announce that we will hold the 2-day savings event during the second quarter. Prime Day is also a great opportunity for our selling partners to reach more customers and will make supporting small businesses a big focus again this year. We’ll have more to share on Prime Day, including the event dates a bit later this quarter.”

For more information, read the original story in ZDNet.

SUBSCRIBE NOW

Related articles

Kaspersky to shut down its US business due to sanctions

Russian cybersecurity firm Kaspersky Lab announced it will cease its U.S. operations starting July 20, following sanctions from...

Intuit lays off 1,800 people amid a shift to AI

Intuit, the company behind QuickBooks, Credit Karma, and TurboTax, is laying off 1,800 employees, which is about 10%...

VMWare revenue drops by $600 million but Broadcom assures investors growth plan is on track

In its first full quarter under Broadcom's ownership, VMware's revenue fell by $600 million, dropping to $2.7 billion....

Apple faces backlash over recent ads

Apple is currently facing significant public backlash due to a controversial advertisement featuring a hydraulic press crushing various...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways