Amazon was disappointed in the last quarter of the year!

World famous e-commerce site Amazon, has expanded its investments in many different areas from digital content platforms to artificial intelligence in recent years. At the same time, the company continues to increase its sales rates worldwide, clubhouse and Twitter Spaces excited its investors by announcing that it has developed a platform that will rival applications such as However, things at the company are not going as rosy as it seems from afar.


Competitor app from Amazon to Clubhouse and Twitter Space!

Amazon exploded the bomb! By recreating the well-known radio broadcasting, it will allow anyone who wishes to broadcast as a DJ.

Amazon fell short of Wall Street estimates!

Shares of the company are trading in long-term trading after lower-than-expected results for the third quarter. 4.3 percentIt fell more than . For the fourth quarter of the year, Amazon’s 130 billion dollars to 140 billion dollar A sale is expected. Therefore 4 percent to 12 percent growth is expected. However FactSet Analysts surveyed by 13 percent increasing 142.1 billion They were waiting for the dollar to come out.

AMZN

Amazon’s new CEO Andy Jassy, in the last quarter of the year due to the company’s labor shortages, rising employee costs, restrictions in the global supply chain and increased transportation costs, especially with the pandemic process. several billion dollars He said that they may have to incur extra costs. He stated that although they are entering the holiday season, which is one of the busiest periods, they can overcome all difficulties.

Amazon takes new steps to solve supply problem

Jassy, ​​CEO of Amazon, continued in his statement, “It will be expensive for us in the short run. But it will be the right priority for our customers and business partners.He gave early signals of investments to be made in the coming days.

Prime Air

The company is preparing to add new stations and ports to its existing shipping plans. It is also trying to strengthen its fleet of trucks and aircraft to support its supply chain. In this way, even if the cost will increase, they will be able to do their work without any excuse in sales and transportation.

also Amazonoperating profit for the fourth quarter of this year. 0 to 3 billion He said it would be in dollars. This situation is in the last quarter of 2020. Covid-19 for reasons such as security 6.9 billion If we compare it to the dollar cost, we can say that there is a big decrease.

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