Amazon


Amazon’s sales

surge 44% as it smashes earnings expectations.


  • Source: Business Insider



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Amazon issued a rosy outlook for the upcoming quarter, underlining the company's expectations of strong sales amid the vaccine rollout and economic recovery.

Here are the key numbers the company reported, compared with analysts' expectations averaged by Bloomberg:

REVENUE:

$108.52

billion versus $104.57 billion expected

EPS (GAAP):

$15.79

versus $9.69 expected

AWS REVENUE:

$13.5

billion versus $13.09 billion expected

Jeff Bezos - Amazon's CEO


"In just 15 years, AWS has become a $54 billion annual sales run rate business competing against the world's largest technology companies, and its growth is accelerating,"
Jeff Bezos said in a statement.


  • Source: Business Insider


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