CLAIM #7202 · Amazon.com Inc (AMZN) · 2022Q2 earnings call · Jul 28, 2022 · due Jul 28, 2023
“And if you look again, where our investments been over the last few years and the growth of our sales force and our sales support, it's starting to – it is showing benefits, and we expect that to continue.”
Brian Olsavsky · CFO
In context
“a potential rough patch in the economy, I think the last time we saw this was back in 2008-ish. And it’s hard to draw lessons from that, but we did notice that it did help our cloud business at the time because again, when you're trying to launch a new product or service and you have to face with building your own data center and getting capital for a data center and building it yourself or moving to the cloud and essentially buying incremental infrastructure capacity, the cloud computing really shows its value. So we're prepared – just like when the slowdown in 2020, we are prepared to help customers optimize their costs and will help them any who are scaling down. But we'll also, again, continue to find new customers and new industries including government agencies and happy with that. And if you look again, where our investments been over the last few years and the growth of our sales force and our sales support, it's starting to – it is showing benefits, and we expect that to continue. On your – sorry, your other question was, is that… Douglas Anmuth: Just about current trends in terms of booking rates… Brian Olsavsky: Got it. I blended into one answer. Douglas Anmuth: Yes, you blended that. Brian Olsavsky: Yes. Hopefully that covered what you’re asking about. Douglas Anmuth: Yes, it does. Brian Olsavsky: Doug, just to – I mean, just to pile on to that too. I mean, I think just the longer term vision I probably talked about here, we're right now with 84 availability zones. So that's 26 geographic regions, and we've got plans for – to launch 24 more of those availability zones across eight regions. And this is Australia, Canada, India, Israel, New Zealand, Spain, Switzerland, UAE, so a lot of different spots. And so continuing to focus on building out to customers, worki”
Verify independently
SEC filings for AMZN ↗ · Claim quote is verbatim from the 2022Q2 earnings call.