Amazon results and outlook fall short as costs soar

By on
Amazon results and outlook fall short as costs soar

AWS upbeat but rising costs squeeze consumer business.

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

Sponsored Whitepapers

Planning before the breach: You can’t protect what you can’t see
Planning before the breach: You can’t protect what you can’t see
Beyond FTP: Securing and Managing File Transfers
Beyond FTP: Securing and Managing File Transfers
NextGen Security Operations: A Roadmap for the Future
NextGen Security Operations: A Roadmap for the Future
Video: Watch Juniper talk about its Aston Martin partnership
Video: Watch Juniper talk about its Aston Martin partnership
Don’t pay the ransom: A three-step guide to ransomware protection
Don’t pay the ransom: A three-step guide to ransomware protection

Events

Most Read Articles

NBN Co's 250Mbps and gigabit growth is finally clear

NBN Co's 250Mbps and gigabit growth is finally clear
NBN Co sizes up six-figure customer exodus a year to fixed wireless

NBN Co sizes up six-figure customer exodus a year to fixed wireless
NBN Co to cut 160 applications under $200m IT simplification

NBN Co to cut 160 applications under $200m IT simplification
What to expect from the incoming Labor government

What to expect from the incoming Labor government

Digital Nation

COVER STORY: Data and IoT set digital agriculture on a sustainable future
COVER STORY: Data and IoT set digital agriculture on a sustainable future
Lendlease launches its own metaverse in Milan
Lendlease launches its own metaverse in Milan
COVER STORY: A Year in the Metaverse
COVER STORY: A Year in the Metaverse
Why do DeFi and DAOs matter to business?
Why do DeFi and DAOs matter to business?
CTO Juergen Mueller offers a glimpse into SAP's metaverse play
CTO Juergen Mueller offers a glimpse into SAP's metaverse play

Log In

  |  Forgot your password?