Amazon share price fell drastically after lower than expected results
Amazon share price fell drastically after lower than expected results
The reported revenue is $127.1 billion in the third quarter and net income fell to $2.9 billion
The reported revenue is $127.1 billion in the third quarter and net income fell to $2.9 billion
The revenue decreased by 9% compared to previous year
The revenue decreased by 9% compared to previous year
Share price plunged by 18% within an hour of results announcements
Share price plunged by 18% within an hour of results announcements
As per CEO, Andy Jassy, the expected sales this quarter are $155 billion
As per CEO, Andy Jassy, the expected sales this quarter are $155 billion
Web services grew by 28% compared to the expected 30% growth
Web services grew by 28% compared to the expected 30% growth
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