Amazon.com Matches Netflix on Price

Amazon.com (Nasdaq: AMZN  ) recently rolled out a new pricing choice for its popular Prime service. Instead of paying $80 per year, subscribers can pay $8 per month if they prefer. That actually ends up costing more over the course of a year at $96 annually, but some subscribers may prefer to have that cost spread out. That $8 per month is also the same price as both Netflix (Nasdaq: NFLX  ) and Hulu Plus, two important competitors to Amazon Instant Video. Amazon's video service may lag, but the e-tailer is making up for it with its shipping and Kindle library services that also get bundled in.

Everyone knows Amazon is the big, bad wolf in the retail world right now, but at its sky-high valuation, most investors are worried it's due for a correction. We'll tell you what's driving the company's growth, and how to know when to buy and sell Amazon in our new premium report. Our report also has you covered with a full year of free analyst updates to keep you informed as the company's story changes, so click here now to read more.


Read/Post Comments (0) | Recommend This Article (3)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2100336, ~/Articles/ArticleHandler.aspx, 9/18/2014 7:47:43 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement