About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Wednesday, February 7, 2018

Amazon Accelerates Through Fourth Quarter

Stripping out the impact of currency movements, Amazon reported a 36% year-on-year increase in net sales for the fourth quarter to 60.5 billion US dollars. That compares with a 31% increase across the whole of 2017. Amazon forecast that net sales will grow between 34% and 42% year-on-year in the current quarter to between 47.75 billion and 50.75 billion dollars.

Amazon Web Services' revenues jumped 45% in the fourth quarter to 5.1 billion dollars. Amazon said more than five billion items shipped with Prime worldwide in 2017, as more new members joined last year than in any previous year, both worldwide and in the U.S. source: Amazon statement

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