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Amazon Beats Analyst Expectations with $25.4B in Sales
- scarymonstergt 11y agonice to see them crush earnings for the past 2 quarters after all the super smart analysts were doubting if they could make any money for the year before that...
- sugarhight 11y agoSome interesting tidbits I read: * AWS grew 78% from t̶h̶e̶ ̶p̶r̶e̶v̶i̶o̶u̶s̶ ̶q̶u̶a̶r̶t̶e̶r̶ the year-ago quarter! * GE moving workload to AWS, downsizing from 34 data centers to 4.
- ojbyrne 11y agoI think you misread the AWS growth paragraph, it is 78% year over year: "Amazon reported net AWS sales of $2.085 billion, up from $1.169 billion in the same quarter a year earlier. That’s a 78% jump in net sales for the company’s AWS business, which it started breaking out earlier this year. It’s even a big quarter-over-quarter jump: Amazon $1.82 billion in net sales for AWS in the previous quarter. It’s reporting $5.5 billion in AWS net sales for the first nine months of the year, compared to $3.2 billion in the first nine months of the year prior."
- dkyc 11y agoYou got that first one wrong, the 78% figure was yearly growth. AWS grew roughly 14% quarter-over-quarter: "Amazon reported net AWS sales of $2.085 billion, up from $1.169 billion in the same quarter a year earlier. That’s a 78% jump in net sales for the company’s AWS business, which it started breaking out earlier this year. It’s even a big quarter-over-quarter jump: Amazon $1.82 billion in net sales for AWS in the previous quarter."
- gt565k 11y agoAMZN stock has almost doubled since January this year... that's insane
- dreaminvm 11y agoMight actually be worth enduring the inhospitable work culture for returns of this magnitude on RSUs.
- tonfa 11y agoWhy not just buy AMZN and not work there?
- serge2k 11y agoI quit a few months ago. Sigh. :/ edit: on the other hand with stock increases they won't give any raises. So guess it depends if you want a big chunk of money every so often or more money every payday.
- gt565k 11y agoIs it that bad?
- seansmccullough 11y agoThe issue is the RSUs are super backloaded.
- dreaminvm 11y agoFrom what I know talking to AMZN engineers, they still vest over 4 years, but you do not get a big chunk of it until year 3. Probably still worthwhile when the $200k initial grant turns out to be worth 2-3X more after 4 years. edit: typo
- dmourati 11y agoPut money in on Monday so pretty pleased with this. I was hoping for $600. After market today trading $620-630.