Net Sales Reach $170bn, International Sales Up 17% Year-Over-Year

  • Amazon’s net sales reached $170bn in Q4 2023
  • International sales increased by 17% year-over-year to $40.2bn
  • AWS sales rose 13% year-over-year to $24.2bn
  • Operating income increased to $13.2bn compared to Q4 2022’s $2.7bn
  • Group’s international segment sustained a lower operating loss of $400m compared to $2.2bn in Q4 2022
  • AWS’ operating income was $7.2bn, up from $2bn in Q4 2022
  • Net income increased to $10.6bn compared to $300m in Q4 2022
  • CEO Andy Jassy: ‘We made meaningful revenue and customer experience improvements’
  • Exciting prospects for 2024

Amazon has reported a record-breaking quarter with net sales reaching $170 billion in the fourth quarter ended December 31, 2023. The company’s international segment saw a significant 17% year-over-year increase to $40.2 billion, while its Amazon Web Services (AWS) sales rose by 13% year-over-year to $24.2 billion. Operating income during the quarter reached $13.2 billion, compared to $2.7 billion in the same period of the previous year. The group’s international segment sustained a lower operating loss of $400 million compared to the $2.2 billion recorded in Q4 2022. AWS’s operating income was $7.2 billion, up from $2 billion in Q4 2022. As a result, net income increased to $10.6 billion compared to $300 million in Q4 2022. CEO Andy Jassy stated that the company made meaningful revenue and customer experience improvements, with exciting prospects for 2024.

Factuality Level: 10
Factuality Justification: The article provides accurate information about Amazon’s financial performance, including net sales, international segment sales, AWS sales, operating income, and CEO Andy Jassy’s statement. It is well-structured and relevant to the main topic without any digressions or unnecessary details.
Noise Level: 3
Noise Justification: The article provides relevant information on Amazon’s financial performance and the CEO’s statement, but it lacks analysis or exploration of long-term trends or consequences of decisions. It also does not offer actionable insights or new knowledge.
Financial Relevance: Yes
Financial Markets Impacted: Amazon’s stock price and other tech companies
Financial Rating Justification: The article discusses Amazon’s financial performance, including net sales, operating income, and net income, which are relevant to financial topics. The news can impact the company’s stock price and potentially affect other tech companies in the market.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no extreme event mentioned in the text.

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