Amazon Prime Day Reportedly Postponed Due to Coronavirus

Amazon is planning to postpone its annual Prime number Day sales outcome at least until August in wake of the coronavirus pandemic, according to internal coming together notes obtained by Reuters.

The report says Amazon expects well-nigh $100 million loss in revenue that could become upward to $300 million in the worst-case scenario due to excess unsold devices that might now be sold at discounted rates.

To be specific, Amazon will have nearly five meg devices including its range of Echo devices similar smart speakers and smart displays. "We probably accept to promote sooner, which will be difficult if nosotros're chapters constrained", wrote Amazon General Counsel David Zapolsky.

Amazon's Prime number Day, as you lot all might exist aware, is normally held in July. The first Prime number Mean solar day sales event was held in 2015. Last year's Prime Day upshot reportedly surpassed the combined sales of Black Friday and Cyber Monday.

With over 1 million coronavirus cases beyond the world, Amazon's plans to postpone its Prime Day don't really come as a surprise since people have more significant things to worry almost rather than getting a steal deal on the latest gadgets or domicile appliances.

Although Amazon has not officially confirmed the postponement of Prime Day just yet, nosotros could expect the e-commerce giant to make an announcement in the coming weeks equally we motion closer to the tentative Prime Day season.

Notably, the information about the delay comes from the same internal notes where David Zapolsky tried to discredit a fired Amazon employee every bit "not smart or articulate" for organizing a walkout over coronavirus concerns, as reported by Vice on Fri. Amazon says information technology fired the employee every bit he violated self-quarantine.