Executive Moves
Amazon – bye bye Bezos, long live the cloud
Net sales rose 42% (ignoring the impact of exchange rates) to $125.6bn in the fourth quarter, comfortably ahead of what the market expected. There was a 74% increase in operating profit too, which at $6.9bn was also some way above analyst expectations. Online sales of $66.4bn rose 46%, with the…
Continue Reading
Subscribe to unlock the full article and access premium financial content.