Amazon’s Q1 Profit Dips on COVID Response
The company expects to plow its entire Q2 operating profit back into "getting products to customers and keeping employees safe.”
Amazon Profit Dives on One-Day Shipping Costs
“There’s a lot of cost in the short run” from expanding the free one-day delivery program, CFO Brian Olsavsky says.
Amazon Profit Doubles to Record $3.6B in Q1
The company "has entered a new era with comparatively sluggish sales growth, but a consistently profitable business.”
Amazon Posts Record Earnings But Stock Falls
“The question for investors now is if Amazon can grow profits fast enough to make up for slowing revenue growth."
Amazon Sales Jump 25% But Profits Disappoint
CFO Brian Olsavsky defends the company's heavy spending, saying "We are continuing to invest in businesses that ... can last for decades."
Amazon Shares Dip 3% on Revenue Miss
Fourth-quarter net sales of $3.54 billion fell short of analysts' estimates but net income rose 55% to $749 million.