As much as Amazon wanted to avoid the focus of the President Trump, it has not been avoided the largest online store in America.
First, the e-commerce company was shaken on Tuesday, Amazon showed the costs of buyers on a wrong report.
Two days later, the economic reality arrived when Amazon reported among the slowest growth ever in his North American retail business.
The region, the largest in Amazon, contributed to the financial results of the first quarter, which showed the slowest sales growth since the depth of pandemic, reported on Thursday. Goods March tracks rose 155.7 billion dollars, 9% more than 9% earlier. The profit has been $ 17,100 billion, 64%.
In the current quarter ending in June, Amazon sales expected $ 159 billion sales to $ 164 million and make $ 13 Billion for profit operation. Amazon has added “fare and commercial policies” to the list of factors that may cause his forecasts.
The results were mixed compared to the expectations of Wall Street. Amazon’s stock price fell by more than 3 percent in the market market, following the release of profit.
“Of course, none of us know when rates will settle or when,“ Andy Jussy, the General Manager of Amazon, called for investors in a call. The company said it was “quite focused” to maintain prices, buying additional inventories in advance and will help sellers in the Amazon market.
Investors again, again, did not affect the tariffs to Amazon customers. Some speculate that consumers can speed up purchases in March and April, more rates in the kick, otherwise encouraging expenditure in an uncertain environment.
Mr. Jassy said Amazon customers have made some kind of “buying” the products, even if he did not specify.
Many different ingredients drive income in Amazon retail businesses. The online sales of products directly offer customers have increased by 57.4 million products, and the services that provide products listed on its site have increased by 6 per cent to $ 36.5 million.
Advertising, which are seen as investors as a hopeful and profitable business, grew by 18% to 13.9 trillion.
Investors have long focused on Amazon’s Cloud Computing business, which creates the company’s benefit. Mr. Jassy, before the promotion of the General Manager who directs the cloud business, has built the company’s artificial intelligence offers. The cloud business grew by 17 percent to $ 29.3 million in the first quarter.
Mr. Jassy said that if Amazon had more capacity to sell more cloud services in its data centers, the modern Internet and the AI remote buildings added that remote buildings to facilitate limitations in the coming months. The company has made more infrastructure to build more infrastructure, and the Amazon spent more than $ 24 Billion in capital expenditure, less than in the previous quarter in the previous quarter.
2025-05-01 22:26:00
