4 ms·

Amazon announces second quarter results

27 points by adventured 6y ago

Alupis 6y ago
Aren't these normally called "Quarterly Earnings"? Amazon has a habit of making up words and pretending everyone already uses them. Perhaps they think not referring to "earnings" will help disguise they are earning money hand-over-fist? "Peak" is their latest one, as in "Ensuring everyone is ready for Peak". Apparently "Peak" refers to the holiday shopping season, starting with Black Friday. Nevermind everyone in the industry calls it "the holiday season".
- parasubvert 6y ago
  “Quarterly results“ is pretty common, as is “Peak” in retail.
  - Alupis 6y ago
    Perhaps it's country specific? Or Brick-n-Mortal terminology? Been in this (online) industry for a long, long time, never once heard of it referred that way. I'd think you'd need to quantify what "peak" you're talking about, as-in "Peak Sales" or something. And, not everyone's "peak" is at the same time, so it's odd to refer to it that way.
    - ponker 6y ago
      Yeah, it's brick-and-mortal terminology.
      - Alupis 6y ago
        Very odd word choice to use then, particularly in notifications sent to their millions of non-professional 3rd party sellers.
        glxxyz 6y ago
        I think the reply was sarcastic due to your misspelling of "brick-and-mortar". It's not an odd word choice, see also https://www.apple.com/newsroom/2020/07/apple-reports-third-quarter-results/ https://www.apple.com/newsroom/2020/07/apple-reports-third-q... and many others
    - shrikant 6y ago
      How long is "a long, long time"? Both "quarterly results" and "peak" in that form are pretty common usage, and definitely not something Amazon have invented.
- glxxyz 6y ago
  "Quarterly results: Q2 Earnings" https://ir.aboutamazon.com/quarterly-results/default.aspx https://ir.aboutamazon.com/quarterly-results/default.aspx https://www.google.com/search?q=%22quarterly+earnings%22 https://www.google.com/search?q=%22quarterly+earnings%22 4.5 million results https://www.google.com/search?q=%22quarterly+results%22 https://www.google.com/search?q=%22quarterly+results%22 5.5 million results
- ponker 6y ago
  There should be a word for self-important pedantry that is somewhere between "groundless" and "wrong." Quarterly results include much more than earnings and the term is widespread.
  - vessenes 6y ago
    bloviation
gigatexal 6y ago
I’ve got a buddy at amazon who joined 5 years back that’s probably a millionaire now just on the stock rise alone given his stock bonuses. Amazon.com and prime have become so useful to me I think of it like my iPhone: I can’t go without it.
three_seagrass 6y ago
42% YoY quarterly rev growth is pretty damn good. For whatever reason they decided to double net income too.
- adventured 6y ago
  At occasional intervals (usually every year at this point) they do pushes upward on income and set a new baseline that the market can expect. Then they'll make some big investments, divert some income growth for a while, and then make their next push to the next income tier to satisfy investors wanting to see income growth.
simonebrunozzi 6y ago
> We’ve created over 175,000 new jobs since March and are in the process of bringing 125,000 of these employees into regular, full-time positions. Boom. These numbers are just damn impressive. Can you imagine? Adding the equivalent of Bank of America... in one single quarter.

27 points by adventured 6y ago

Aren't these normally called "Quarterly Earnings"? Amazon has a habit of making up words and pretending everyone already uses them. Perhaps they think not referring to "earnings" will help disguise they are earning money hand-over-fist? "Peak" is their latest one, as in "Ensuring everyone is ready for Peak". Apparently "Peak" refers to the holiday shopping season, starting with Black Friday. Nevermind everyone in the industry calls it "the holiday season".

parasubvert 6y ago
“Quarterly results“ is pretty common, as is “Peak” in retail.
- Alupis 6y ago
  Perhaps it's country specific? Or Brick-n-Mortal terminology? Been in this (online) industry for a long, long time, never once heard of it referred that way. I'd think you'd need to quantify what "peak" you're talking about, as-in "Peak Sales" or something. And, not everyone's "peak" is at the same time, so it's odd to refer to it that way.
  - ponker 6y ago
    Yeah, it's brick-and-mortal terminology.
    - Alupis 6y ago
      Very odd word choice to use then, particularly in notifications sent to their millions of non-professional 3rd party sellers.
      - glxxyz 6y ago
        I think the reply was sarcastic due to your misspelling of "brick-and-mortar". It's not an odd word choice, see also https://www.apple.com/newsroom/2020/07/apple-reports-third-quarter-results/ https://www.apple.com/newsroom/2020/07/apple-reports-third-q... and many others
  - shrikant 6y ago
    How long is "a long, long time"? Both "quarterly results" and "peak" in that form are pretty common usage, and definitely not something Amazon have invented.
glxxyz 6y ago
"Quarterly results: Q2 Earnings" https://ir.aboutamazon.com/quarterly-results/default.aspx https://ir.aboutamazon.com/quarterly-results/default.aspx https://www.google.com/search?q=%22quarterly+earnings%22 https://www.google.com/search?q=%22quarterly+earnings%22 4.5 million results https://www.google.com/search?q=%22quarterly+results%22 https://www.google.com/search?q=%22quarterly+results%22 5.5 million results
ponker 6y ago
There should be a word for self-important pedantry that is somewhere between "groundless" and "wrong." Quarterly results include much more than earnings and the term is widespread.
- vessenes 6y ago
  bloviation

gigatexal 6y ago

I’ve got a buddy at amazon who joined 5 years back that’s probably a millionaire now just on the stock rise alone given his stock bonuses. Amazon.com and prime have become so useful to me I think of it like my iPhone: I can’t go without it.

three_seagrass 6y ago

42% YoY quarterly rev growth is pretty damn good. For whatever reason they decided to double net income too.

adventured 6y ago
At occasional intervals (usually every year at this point) they do pushes upward on income and set a new baseline that the market can expect. Then they'll make some big investments, divert some income growth for a while, and then make their next push to the next income tier to satisfy investors wanting to see income growth.

simonebrunozzi 6y ago

> We’ve created over 175,000 new jobs since March and are in the process of bringing 125,000 of these employees into regular, full-time positions. Boom. These numbers are just damn impressive. Can you imagine? Adding the equivalent of Bank of America... in one single quarter.