GeekWire

Day 2: Amazon's Giant Quarter


Listen Later

This week's show is a special presentation of GeekWire's newest podcast, Day 2, about everything Amazon, analyzing the company's record quarterly results and looking ahead to what's next. To hear more episodes, subscribe to Day 2 in any podcast app.

Year-over-year quarterly growth of 44% would be significant for any company, but when the numbers were already this big, it starts to qualify as astonishing.

Amazon's sales of $108.5 billion in the first quarter compared with $75.5 billion a year earlier, setting a new record for the Seattle-based e-commerce giant and providing a glimpse of its strong position as the world emerges from the pandemic. Amazon is easing its spending on COVID-19 initiatives, but consumers' online purchasing habits appear to have permanently changed.

The result: its profits more than tripled, to $8.1 billion, from $2.5 billion a year earlier.

The impact of that structural shift on Amazon's bottom line is the big takeaway from its first-quarter results, released Thursday afternoon.

We break down the quarter on this episode of Day 2, GeekWire's podcast about everything Amazon, with GeekWire co-founders Todd Bishop and John Cook, and former third-party seller Jason Boyce, co-author of "The Amazon Jungle" and founder and CEO of e-commerce agency Avenue7Media

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

GeekWireBy GeekWire

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

115 ratings


More shows like GeekWire

View all
Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

32,283 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,036 Listeners

Decoder with Nilay Patel by The Verge

Decoder with Nilay Patel

3,144 Listeners

Equity by TechCrunch, Mary Ann Azevedo, Kell, Theresa Loconsolo, Rebecca Bellan, Kirsten Korosec, Devin Coldewey, Margaux MacColl

Equity

338 Listeners

Bold Names by The Wall Street Journal

Bold Names

1,438 Listeners

Techmeme Ride Home by Brian McCullough

Techmeme Ride Home

941 Listeners

The Prof G Pod with Scott Galloway by Vox Media Podcast Network

The Prof G Pod with Scott Galloway

5,414 Listeners

Hard Fork by The New York Times

Hard Fork

5,461 Listeners

WorkLab by Microsoft

WorkLab

61 Listeners

ACQ2 by Acquired by Ben Gilbert and David Rosenthal

ACQ2 by Acquired

212 Listeners

Sharp Tech with Ben Thompson by Andrew Sharp and Ben Thompson

Sharp Tech with Ben Thompson

94 Listeners

No Priors: Artificial Intelligence | Technology | Startups by Conviction

No Priors: Artificial Intelligence | Technology | Startups

121 Listeners

Possible by Reid Hoffman

Possible

120 Listeners

The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis by Nathaniel Whittemore

The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis

485 Listeners

BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

BG2Pod with Brad Gerstner and Bill Gurley

461 Listeners