Amazon Q4: revenue up 9% YoY to $149.2B, net income down 98% YoY to $278M, AWS revenue up 20% YoY to $21.4B, and employees down 4% to 1.54M; stock is down 5%+
Up 28% from 2021 Paul Thurrott / Thurrott : Amazon Revenues Up 9 Percent to $149.2 Billion in Q4 Alex Weprin / The Hollywood Reporter : Amazon reports content spending up 28% YoY to $16.6B in 2022, of which ~$7B went to originals, live sports, and licensed third-party content included with Prime Kari McMahon / The Block : Crypto trading played role in Amazon Web Services slowing growth in Q4 Jeremy C. Owens / MarketWatch : Amazon stock falls as least profitable holiday quarter since 2014 leads to its worst annual loss on record Steve Muchoki / Coinspeaker : Amazon Beats 2022 Q4 Analysts Expectations on Revenue, AMZN Stock Volatility Spikes Dave Lee / Financial Times : Amazon posts solid sales but softer cloud growth Tweets: Lucas Shaw / @lucas_shaw : Amazon reported more revenue last year than the movie business, music business and video game business combined. https://www.bloomberg.com/... Shai Goldman / @shaig : form Amazon earnings report: “Delivered the 10 millionth package using electric delivery vehicles from Rivian...Amazon plans to have 100,000 electric delivery vehicles from Rivian on the road by 2030...” https://www.businesswire.com/ ... Dare Obasanjo / @carnage4life : Amazon lost $2.7B last year in what was it's first unprofitable year in almost a decade. The majority of the loss is $2.3B from Rivian's stock crashing as they are a major investor. AWS, ads & marketplace each grew revenue +20%. Retail down -2% YoY. https://www.npr.org/... Patrick Moorhead / @patrickmoorhead : Amazon beat on revenue, but missed big on EPS and forecast. While AWS slightly missed expectations, growth YoY shrank from 40% to 20%. Flat OpInc. Giant, $80B run rate business. Down 3% AH. $AMZN https://twitter.com/... Alex Weprin / @alexweprin : Amazon wants Wall Street to know it's a big winner from the success of “Wednesday” on Netflix, which is produced by its MGM division. https://www.hollywoodreporter.com/ ... See also Mediagazer