Amazon (NASDAQ:AMZN) sold a blistering 398 items per second on Prime Day; 34.4 million items, which is an 18% greater account than their sales on Black Friday this past year in 2014. Members saved millions of dollars from sales. Yet, reactions in the media from consumers to Amazon Prime day were mostly disappointment.
On an ongoing basis, Prime Day is likely to aid Amazon's results, at least in terms of sales growth. With so many Prime subscriptions being acquired in a single day, Amazon's subscription revenues should get better, with every such event.