Amazon grew net sales 29% to $56.6 billion in the third quarter, compared with $43.7 billion in third quarter 2017. Excluding the $260 million unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 30% Read more
Amazon grew net sales 39% to $52.9 billion in the second quarter of 2018 compared with Q2-2017, or 37% excluding effects of foreign exchange (currency). The numbers reflect all units including its AWS web-hosting business. It showed a profit (net Read more
Amazon called its advertising business a bright spot from both a product standpoint and also financially. Amazon Chief Financial Officer Brian Olsavsky made the remark when talking to analysts after reporting the company’s first-quarter performance on Thursday. Olsavsky called advertising Read more
UPDATE 5:30 pm: Amazon raises cost of Prime membership in US from $99 to $119. Amazon.com Inc. grew net sales 43% to $51 billion in the first quarter of 2018 compared with $35.7 billion in first quarter 2017. The numbers reflect Read more
Amazon grew sales 36 percent in the fourth quarter of 2017 on a foreign-exchange neutral basis (that number includes all of its businesses including its AWS web-hosting business, of course). It was a profitable quarter for the company: net income Read more
Amazon announced today its third-quarter sales (July, August, September) grew 34% year-over-year to $43.7 billion. Excluding Whole Foods Market and the impact from foreign exchange rates, net sales increased 29% compared with third quarter 2016. Excerpt of press release follows: Read more
Amazon.com announced today its second-quarter sales rose 25% to $38 billion. Net income was $197 million in the second quarter compared with net income of $857 million in second quarter 2016. Press release follows: Amazon.com, Inc. today announced financial results Read more
Amazon grew sales 31% to $30.4 billion in the second quarter of 2016, it announced on Thursday. It also reported a profit, revealing net income of $857 million for the quarter. And based on its report, it’s clear third-party sellers Read more
Amazon chose once again not to webcast its annual shareholder meeting, which was held on Tuesday, but Seattle area publications had journalists on hand to cover the event. The Seattle Times newspaper said Amazon’s CEO told shareholders it was the fastest company Read more
Amazon gave Wall Street analysts a reason to smile, but it can thank a business that has nothing to do with retail for much of the good news. The Wall Street Journal was giddy, writing of Amazon’s first-quarter performance, “Superlatives Read more
