Amazon Disappointed Investors Despite Making 100 Billion USD in Quarterly Revenue; Its CFO Expects Slower Growth in the Months to Come

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An increasing number of people are reverting back to pre-covid shopping habits, and perhaps nobody felt the shockwave better than Amazon. After falling short of analysts’ forecasts, the company stock slid over 7% in extended-hours trading last Thursday.

Now, it’s up to the company’s new CEO, Andy Jassy, to reassure investors as to how the business is planning to retain its record growth, especially under the mounting scrutiny of regulators both on U.S. and European soil.

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Amazon Wowed Investors with record Q4 earnings, Jeff Bezos Steps Down as the Company’s CEO

earnings analysis of Amazon

Source: Dreamstime

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The company skyrocketed past the coveted milestone of $100 billion, reaching earnings of $125.56 billion in Q4 2020 alone. The strong performance was mostly possible thanks to an excellent holiday shopping season, when Amazon had managed to deliver over a billion products to customers across the globe.

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