Amazon delivers big earnings miss, Jassy warns Q4 will bring ‘several billion dollars of additional costs’
GeekWire
OCTOBER 28, 2021
Net sales rose 15% to $110.8 For the first time in Amazon’s history, the company’s revenue from online and physical retail store sales represented less than 50% of its overall revenue for the quarter, due to steady increases in areas such as its Amazon Web Services cloud business and revenue from advertising.
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