More on Amazon (AMZN): Operating income -46.8% Y/Y. Service sales up 57% Y/Y and now account for...
More on Amazon (AMZN): Operating income -46.8% Y/Y. Service sales up 57% Y/Y and now account for 16% of revenue. Employee headcount of 69.1K, +60% Y/Y. Q3 sales guidance represents 19-31% Y/Y sales growth (vs. 29% in Q2). Company expects a Q3 operating loss of $50-350M vs. $79M profit a year earlier. Shares cutting losses, -2.5% AH. Conference call at 5 ET. (PR)
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