- Amazon sign ups for Amazon Prime fall year over year. “Sign-ups in the U.S. failed to meet last year’s total and even the company’s own target, according to internal company data reviewed by Reuters.” Reuters.
The fall in Prime memberships matters because it provides the base of Amazon shoppers. It’s similar to how important it is for Apple to sell a lot of IPhone. Ie, it’s just not the pure revenues from the phones, the phones are the base for buying everything else in the Apple ecosystem. Amazon is up 4.38% YTD. - Apple is down 7.30% YTD.
“Apple in the June quarter reported its strongest revenue growth in nearly four years, but the company is facing headwinds and the stock is expensive.” The Motley Fool. - Tesla sales fell in August in China but rose in Turkey. Tesla is down 17.33% YTD.
Wealth & Financial Habits
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