News You might have missed: Week of April 27, 2018

on April 27, 2018
Reading Time: 4 minutes

Amazon.com Announces First Quarter Sales up 43% to $51.0 Billion

Net sales increased 43% to $51.0 billion in the first quarter, compared with $35.7 billion in first quarter 2017. Excluding the $1.6 billion favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 39% compared with first quarter 2017.

Operating income increased 92% to $1.9 billion in the first quarter, compared with operating income of $1.0 billion in first quarter 2017.

Net income was $1.6 billion in the first quarter, or $3.27 per diluted share, compared with net income of $724 million, or $1.48 per diluted share, in first quarter 2017.

This article requires a Think.Tank subscription, click here to learn more or sign up below.

Pick Your Plan

Monthly Membership to the Think.Tank
$10/mo
  • Four Weekly Exclusive Analysis and Research Focused Articles (16 Subscriber exclusive articles per month)
  • Exclusive subscriber email with featured daily Think.Tank Article
  • Full Access to the Think.tank Archive and enhanced Search
  • Private Slack Channel for discussions amongst members and Tech.pinions Authors
  • Corporate or Bulk Discounts Available
  • Exclusive Private RSS Feed
Annual Subscription to the Think.Tank
$100/yr
  • Four Weekly Exclusive Analysis and Research Focused Articles (16 Subscriber exclusive articles per month)
  • Exclusive subscriber email with featured daily Think.Tank Article
  • Full Access to the Think.tank Archive and enhanced Search
  • Private Slack Channel for discussions amongst members and Tech.pinions Authors
  • Corporate or Bulk Discounts Available
  • Exclusive Private RSS Feed
Subscribe to Apple Specific Articles and Analysis
50/yr
  • Subscribe to Apple Only Articles and Analysis
  • Four to Five Articles a Month
  • Receive Email Only Delivery (no archive access)
  • Articles will be less frequent than the full subscriber access