What Is Amazon Prime Day and Why Should I Care?

Amazon Prime Day is an annual one-day only global shopping event exclusively for Prime members of Amazon (AMZN), which offer major sales on various items. It is being held today, July 11th, 2017. Here are just a few of the best bargains:

Prime Day Amazon Devices starting at $29.99

Prime Day All New Fire Tablet starting $29.99

Prime Day Echo Dot only $34.99

Echo 50% off on Prime Day

30% Off Select Amazon Exclusive Toys & Games

Kindle – Up to 40% Off Kindle Unlimited

Prime Members get 40% off Audible Membership from June 29, 2017 through July 11, 2017

Prime Day Savings on Toys & Games

 


How to Get an Amazon Dash Wand for Free

The Dash Wand is the latest tech product from Amazon. If you haven’t heard about it, here are the details.

Dash Wand

  • The Amazon Dash Wand with Alexa helps you find recipes, convert cups to ounces, buy and reorder essentials, find nearby restaurants and more.
  • Purchase Dash Wand for $20 and get $20 off your next purchase after you register the device. *
  • Try AmazonFresh free for 90 days (normally $14.99 per month) **
  • Say it or scan a barcode. It’s added to your shopping cart. Just say “paper towels.”
  • Water-resistant, durable design, and magnetic so you can stick it on your fridge.

Here are the details about how to get it free:

Essentially free with a $20 Amazon credit when you register the device. Once you register Dash Wand, the $20 credit will appear in your shopping cart the next time you check out with an eligible item.

This deal may not last long. If you are interested, you can see more details at the link below.

Dash Wand

 

Amazon Will Provide Everything Except Wash your Windows: Wait, They Do That Too! Really!

You need your windows washed? Go to Amazon. Is your toilet plugged up? Go to Amazon. Need your house painted? Go to Amazon. What? You haven’t heard of Amazon Home & Business Services? Yes, they do all that and more, including cleaning your house, setting up your home theater, or assembling your furniture.

So if you have been wondering why Amazon (AMZN) stock has been rising so much, grossly outperforming the S&P 500 over the last year by more than double, now you know why. They are taking over the lawn mowing business.

But seriously, many investors believe that Amazon is all about Amazon Web Services, commonly referred to as AWS, which is the company’s cloud computing division. And it’s true. AWS revenues have jumped 55% year over year, but still only provides 9% of overall revenues. However, AWS does provide 74% of operating income currently.

Amazon is much more. It is creeping (in a good way) into everyone’s lives. It’s not just the books, and the vitamins, and the clothes, and the watches. Amazon markets just about any product you can think of. (A few years ago, there was a way you could even order marijuana through Amazon, but that’s for another article.) Plus, the intangible growth is enormous, whether it’s music, eBooks, or movies.

Amazon has its CreateSpace division, which allows anyone to quickly publish their own book for free. But now the company is pushing self-produced movies and TV shows. These aren’t the company produced Amazon Originals like Bosch, these are the individual produced shows that anyone can create and have Amazon market for them, with a choice of how to receive revenues. An example of this is the show Private Sales, a TV show about an escort service in the beach cities area of Los Angeles.

In terms of the company’s financials, net cash flow has grown $4.180 billion in 2012 to $16.443 billion for 2016. This is a 41% increase per year on average. Not too shabby.

But what about the losses? The company has generated negative income in two of the last five years, and the net income it has generated hasn’t been that great, giving the stock a trailing price to earnings ratio of 187. Of course! The lower your net income, the lower you pay in taxes. Once money is paid out in taxes, that money is gone. The company has been smart enough to spend funds on employee wages, research and development, plants, equipment, and other tax-deductible expenditures that will help the company grow, keep net income low, and taxes low.

Back in 2007, I wrote an article about how Amazon is a Screaming Buy at 38.10 per share. I didn’t buy the stock at the time but I should have taken my own advice, as the stock took off and never looked back.

Disclosure: Author now owns AMZN.

Ideas for Mother’s Day

Looking for last minute gifts for Mother’s Day? Amazon has several suggestions, and specials for several of their popular items. Here that are.

Echo Show
Amazon Devices- Introducing Echo Show, Buy 2 Save $100
Echo Show brings you everything you love about Alexa, and now she can show you things. Watch video flash briefings and YouTube, see music lyrics, security cameras, photos, weather forecasts, to-do and shopping lists, and more. All hands-free—just ask.
Echo Show is available starting today for pre-order. Be closer with your friends and family more often. Place two Echo Shows in your cart and receive $100 off your order with code SHOW2PACK.

$30 off Echo—Get a great deal on Echo and fill Mother’s Day with 360⁰ audio.
Shop amazon devices- $30 off on Echo

$25 off Fire HD 8 —Gift Mom our most popular tablet.
Shop Amazon Devices- $25 off Fire HD 8

Save on Kindle—$20 off top Kindle models, plus even more savings on Kindle Bundles.
Shop Amazon Devices- Kindle Up to $50 off

Amazon even has its own Mother’s Day Store
Mother’s Day Gift Shop