Amazon confirms Prime Day for later this quarter as revenue grows to $108B
(Android Central)

Moving Prime Day should help Amazon in Q2. What you need to know Amazon`s Q1 2021 financial earnings have been released, showing a 44% increase in sales. The company expects the momentum to continue into Q2 as a result of increased online shopping. Prime Day has been moved to later this quarter, which is expected to bolster the company`s Q2 earnings. Amazon has just announced its Q1 2021 financial earnings, reporting a substantial gain in earnings. That includes a 44% year-over-year increase in sales, which helped Amazon accrue more than $108 billion in revenue. The growth is undoubtedly a result of the ongoing COVID-19 pandemic, which led to more online shopping in many countries that faced lockdowns. It also shows its continued strength as it prepares for the upcoming transition to its new CEO-elect. Amazon CFO Brian Osofsky discussed how the company expects this strong momentum to continue in Q2, despite the pandemic seemingly winding down and more countries starting to open...