Friday 1 May 2020

Jeff Bezos tells shareholders to buckle up: Amazon to blow this quarter's profits and more on coronavirus costs

Cloud-giant-with-a-gift-shop gearing up for the long game

Amazon today reported $75.5bn in revenue for the first quarter of 2020, higher than expected though eroded by exceptional expenses. And it told investors to get used to its free spending ways during the coronavirus pandemic.…

via The Register - Data Centre: Cloud

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