> The company forecast net sales in the range of $69 billion and $73 billion for the first quarter. Analysts were expecting revenue of $71.65 billion, according to IBES data from Refinitiv.
> Net sales in North America, its biggest market, jumped 21.6% to $53.67 billion during the fourth quarter. Analysts had expected revenue of $52.23 billion from the segment.
> Revenue from its lucrative cloud computing unit Amazon Web Services (AWS), which sells data storage and computing power in the cloud, surged 34% to $9.95 billion. Analysts had expected $9.84 billion.
> Amazon’s total operating expenses surged 21.8% during the quarter to $83.56 billion.
> Net sales rose 21% to $87.44 billion in the fourth quarter ended Dec. 31 , beating estimates of $86.02 billion.
> Net sales in North America, its biggest market, jumped 21.6% to $53.67 billion during the fourth quarter. Analysts had expected revenue of $52.23 billion from the segment.
> Revenue from its lucrative cloud computing unit Amazon Web Services (AWS), which sells data storage and computing power in the cloud, surged 34% to $9.95 billion. Analysts had expected $9.84 billion.
> Amazon’s total operating expenses surged 21.8% during the quarter to $83.56 billion.
> Net sales rose 21% to $87.44 billion in the fourth quarter ended Dec. 31 , beating estimates of $86.02 billion.
[Reuters] - https://www.reuters.com/article/us-amazon-com-results/amazon...