Amazon results and outlook fall short as costs soar

By
Follow google news

AWS upbeat but rising costs squeeze consumer business.

Amazon results and outlook fall short as costs soar
Amazon delivered a disappointing quarter and outlook on Thursday as the e-commerce giant was swamped by higher costs to run its warehouses and deliver packages to customers. After a long-running surge in sales during the Covid-19 pandemic, Amazon is facing a litany of challenges. The company'...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Woolworths gives agentic-powered Olive chatbot to its 200,000 staff

Woolworths gives agentic-powered Olive chatbot to its 200,000 staff

Fed gov faces major M365 licensing change

Fed gov faces major M365 licensing change

University of Melbourne, RMIT build ties with AWS

University of Melbourne, RMIT build ties with AWS

NAB hits milestone with tech role insourcing

NAB hits milestone with tech role insourcing

Log In

  |  Forgot your password?