Amazon's Prime Day normally takes place in July, but this year it may come a little later.
Amazon is planning to postpone Prime Day 2020 to at least August due to the coronavirus pandemic, according to internal meeting notes viewed by Reuters. Amazon declined to comment on this leak.
Today's report also mentions that Amazon is expecting to take a $100 million hit from the excess devices that it may now have to sell at a discount.
Prime Day is a major event for Amazon when it rolls out a ton of discounts on a variety of products. Last year, Amazon offered more than 1 million deals to Prime members over two days.
With the ongoing COVID-19 outbreak, hosting Prime Day 2020 in the usual mid-July timeframe may not be a good idea for Amazon. Not only could it be difficult for Amazon to fulfill all the orders from a huge Prime Day sale while people are concerned about the coronavirus and working to stop its spread, but some folks may feel that it's just not a good time for Amazon to host a major sale with everything going on with the coronavirus.