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Amazon North American Sales Soar in Q1
AmazonAmazon(US:AMZN) PYMNTS·2024-05-01 08:40

Although it was closely watched for the manner in which it handled its artificial intelligence (AI) investments, Amazon dropped a stunner of a Q1 earnings report Tuesday (April 30), driven by a big spike in its North American operations. Its overall, global operating income grew from 4.8billioninQ12023to4.8 billion in Q1 2023 to 15.3 billion in 2024.By the numbers, Amazon reported a net sales increase of 13% to 143.3billion,upfrom143.3 billion, up from 127.4 billion in the same quarter the previous year. This growth remained steady at 13% af ...