Putting Amazon Music's 55 Million Customers Into Perspective
For a company known for keeping key metrics close to the chest, Amazon.com (NASDAQ: AMZN) surprised investors this week by disclosing how many Amazon Music subscribers it has. The last vague disclosure was when the company said in 2018 that it had "tens of millions" of paid subscriptions. The company has now confirmed that it has over 55 million customers worldwide, Amazon's first official customer disclosure for its music streaming business.
Let's put that figure into perspective.
The Amazon Echo Studio. Image source: Amazon.
Source Fool.com
