Marking an acceleration over previous quarters, Amazon reported a 25% year-on-year increase in sales to almost 70 billion US dollars for the third quarter of 2019 on a constant currency basis. Sales at Amazon Web Services were up 35% to almost 9 billion dollars.
However, Amazon warned that sales for the fourth quarter are likely to be between 80 billion and 86.5 billion dollars, which would represent year-on-year growth of between 11% and 20%. This guidance anticipates an unfavourable impact of approximately 80 basis points from foreign exchange rates, Amazon said. Source: Amazon statement
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