Double A

Large numbers. (Loud noises.) Amazon ran up $158.9 billion in sales during Q3, results released after the bell on Wall Street Thursday showed. That was ahead of expectations. Consensus was looking for $157.29 billon from Andy Jassy on the top-line. Sales growth was 11% last quarter, up from Q2's pace. The guide looked a bit light. Taking the midpoint ($185 billion), sales growth would be 8.8% in Q4. The Street was looking for $186.36 billion in current quarter sales, or 9.6% growth. I'm no

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2 thoughts on “Double A

  1. Don’t forget that Apples “services” revenue numbers include the estimated $20 billion per year Placement Fee from Google. That will likely be lost thanks to the anti-trust case against Google.

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