Over $5 billion p.a. and still no profit: Amazon Q1 results

By Guillermo Troncoso · 24 April 2015 · Locked

Amazon's massive revenue can't hide a surprising truth. Is the tech giant's financial woes a sign of things to come?

Summary

Amazon has reported a net loss of $57 million in the first quarter, quite the drop from the net income of $108 million reported in Q1 2014.

Tags: Amazon, Amazon Web Services, Cloud, Digital, Technology