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+ - Amazon Raises Free Shipping Threshold, Then Beats Revenue Expectations

Submitted by 14erCleaner
14erCleaner (745600) writes "Three days ago, Amazon.com increased its threshold for free "Super Saver" shipping from $25 to $35. This led one short-seller to speculate that they would badly miss earning estimates. Yesterday evening, Amazon announced earnings of $17.1 billion for the third quarter of 2013, handily beating the average estimate of $16.8b. They still lost 9 cents per share, but they're making it up in volume."
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Amazon Raises Free Shipping Threshold, Then Beats Revenue Expectations

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