However, Amazon suffered a net loss of $2.7bn in its full year results for 2022, a stark difference to its net income of $33.4bn in 2021. The company’s net sales total for the fourth quarter of 2022 was $149.2bn, an increase of 9pc compared to the same period in 2021.
Amazon suffered its first unprofitable year since 2014, Apple profits missed expectations and Alphabet’s revenue growth reached a crawling pace of 1pc.Īmazon, Apple and Alphabet have all posted disappointing results in their latest earnings reports, as the global economy continues to squeeze the tech sector.Īmong these tech giants, Amazon managed to exceed its own quarterly expectations, though its overall results for 2022 were still disappointing.
0 kommentar(er)
