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Amazon Q1 2021 Quarterly Results [pdf]
- cosmin96 5y agoJust read "Working Backwards", and you will understand why Amazon is where is it.
- jedberg 5y agoI guess this was mostly priced in already, because they smashed the street estimates but still only gained 3% after hours.
- skeeter2020 5y agoit could also be that relative to alphabet, apple and shopify they had jsut a good quarter. MS beat estimates and saw daily losses yesterday, likely attributed to rebalancing market-based portfolios.
- arberx 5y ago3% for a trillion dollar company is a lot...
- jedberg 5y agoIn one sense, I suppose so. But usually stocks are evaluated on a percent basis and not a dollar basis.
- gregwebs 5y agoThere has been a rumor of a stock split late this week that may have been leading to a speculative rise but for whatever reason the stock was already up 3% this week (and 13% this month).
- undefined1 5y agoQ1 revenue 2021: $108.5 billion 2020: $75.5 billion 2019: $59.7 billion 2018: $51.0 billion 2017: $35.7 billion 2016: $29.1 billion 2015: $22.7 billion 2014: $19.7 billion 2013: $16.1 billion 2012: $13.2 billion 2011: $9.9 billion 2010: $7.1 billion 2009: $4.9 billion 2008: $4.1 billion 2007: $3.0 billion 2006: $2.3 billion 2005: $1.9 billion 2004: $1.5 billion 2003: $1.1 billion 2002: $847 million 2001: $700 million 2000: $574 million 1999: $294 million 1998: $87 million 1997: $16 million
- ckdarby 5y agoI'm actually kind of surprised at how "low" the growth was from 2020 to 2021 considering overnight entire countries became dependent on Amazon for purchasing in some cases. I'm in Canada, with the locks downs, curfews, etc my entire shopping experience since 2020 March has been: - Amazon - Costco - GoodFood (Had before covid) - UberEats (Twice because of work vouchers) - Home Depot (soil & lumber to build a raised garden bed) Nothing else. Edit: Formatting & added home depot
- lotsofpulp 5y agoI think the number of people that changed their shopping habits is probably pretty small compared to those that continued to do what they used to. For one, things sold via Amazon are very expensive (especially liquids) compared to in store options and most people were and are stretched so they can’t just up and spend an extra 20%+ or whatever to get delivery.
- pcurve 5y agoyep... true for my family as well. While we bought some things from amazon fresh, 98% of grocery items were still purchased through local stores. Many adopted delivery model pretty early on. as for non grocery items, there were pandemic related purchases for sure, but for my family, it was at Home Depot. With that said though, I think the Q1 YoY revenue jump is still huge.
- deleted 5y ago[deleted]
- tobyjsullivan 5y agoIt's their highest y/y growth in a decade, second highest since 2000, and fifth highest overall. Top y/y Q1 growth (according to numbers from op): 1998: 443.8% 1999: 237.9% 2000: 95.2% 2010: 44.9% 2021: 43.7% 2018: 42.9% 2011: 39.4% Median overall is %29 That's a pretty good year, especially considering growth usually gets harder as you grow.
- 5y ago
- gz5 5y agoAWS Q1: 4.1 billion net revenue. Rest of Amazon Q1: 4.7 billion net revenue.
- jedberg 5y agoAnd that's why the CEO of AWS is now the CEO of Amazon. :)
- nixpulvis 5y agoThese should be separate companies.
- teruakohatu 5y agoWhy? Amazon relies on AWS and Amazon's in-the-trenches experience no doubt helps shape AWS. Ebay and Paypal split, but Paypal was worth a lot more than Ebay at the time and now it is worth ~10x as much.
- wyldfire 5y agoThe sheer scale seems really similar to the vertical integration of companies like Standard Oil. That alone doesn't necessarily mean that they're problematic, but it sure does suggest that we give them a closer look. If their scale allows them to be anti-consumer/anti-trade then that's bad.
- Wolfenstein98k 5y agoAre they being anti-consumer/anti-trade tho? If their scale allows it then you may wish to look closer, but their scale also allows them to offer unprecedented value to customers, which is generally the highest value for commerce in the first place. Let's not destroy a good thing just because we can imagine it having some consequences.
- ChrisLomont 5y agoNeither part has anywhere near monopoly power in respective markets: AWS ~32% of cloud, Amazon has ~37% of ecommerce. There's an incredible amount of other options for everything Amazon does.
- feudalism 5y agoNet Income Comparison: 2020 Q1: $2.5 billion 2021 Q1: $8.1 billion The pandemic has been good to amazon.
- flowerlad 5y ago> The pandemic has been good to amazon. And to most other tech companies.
- Proven 5y agoThe government has, not pandemic. The pandemic wouldn't have made a lot of difference. Especially as people would have much less money to spend on junk, were it not for socialist handouts.
- Wolfenstein98k 5y agoAmazon has been a treasure to people enduring the pandemic, you mean. Had they not been thoroughly competent, the pandemic would've destroyed them. Many large companies emerged worse for the pandemic.
- xbar 5y agoA more accurate report on "value."
- haunter 5y agoNo mention of Twitch. Curious how much money they make now that it's slowly turning into a softcore camgirl site
- sebow 5y agoIt already is 'that' kind of website(frankly it has been since ~2017). If i had to guess they probably make some decent amount, but only because in the last couple of years they refined and made very popular the subscription & gifting system(along with bits and everything else).Now i'm not sure if they have lost actual money from the DMCA and copyright issues.I'm thinking they did not(or not so much anyways), and that's why they've made those purges and scared everyone. They definitely prep it up to be a big advertising platform(if it wasn't already).Their anti-adblock system isn't perfect, that's why they're looking at some new technologies that make it very hard to circumvent ads.At that point they will definitely make some big bucks out of it.(Assuming it doesn't 'die')
- mandeepj 5y agoEarnings per share: $15.79 vs. $9.69 expected. Wtf? It's a blow out.
- tyingq 5y agoMargin is up too, not just revenue: Operating margin Q1 2020: 5.3%, Q1 2021: 8.2% Which is somewhat interesting. I wonder if there was a set of deliberate prices raise while they have this upper hand, or just economy of scale.
- notyourwork 5y agoI assumed internalizing logistics helped reduce costs associated with per package delivery compared to the 3p shippers (UPS, USPS, Fedex, DHL).
- Wolfenstein98k 5y agoIncreasing uptake of their higher margin products, mostly. What products of theirs have seen prices rise? I can't think of any, except some AWS services where the price rise accompanies a serious rise in utilisation (ie the user is getting more per dollar, so the dollar price is rising commensurate)
- throwawayboise 5y agoCounterfeits are more profitable. /s
- fukmbas 5y agoBreak up Amazon Tax Amazon
- ksec 5y agoAny reason why Amazon is now making so much profits? Have they ran out of things to invest on?