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CLAIM #7295 · Amazon.com Inc (AMZN) · 2023Q3 earnings call · Oct 26, 2023 · due Dec 31, 2025

We continue -- we're going to continue to invest internationally in things like Prime and expanding Prime benefits and we're going to continue to build out the fulfillment and transportation networks to better serve customers.

Brian Olsavsky · CFO

PENDING
graded after results covering Dec 31, 2025 are reported

In context

essentially adding sellers, adding vendors and selection, scaling advertising and improving the cost structure of our ops network. So many of the ops productivity initiatives, probably with the exception of regionalization, is more of a U.S. side right now. But we're working on all those productivity elements and speed concurrently globally. And you're seeing that internationally and customers are responding. On the emerging side, over the last 6 years, we've launched 10 new countries. History has shown us that those all take time to grow into profitability. The U.S. took 10 years -- excuse me, 9 years originally. And they're all on their own journey there with growth and scale and profitability and selection and a number of other variables. So that's -- those are all going well as well. We continue -- we're going to continue to invest internationally in things like Prime and expanding Prime benefits and we're going to continue to build out the fulfillment and transportation networks to better serve customers. So I can't say it's permanently we've reached a breakeven threshold for profitability. I think the trend lines are clear, though and we'll continue to work on accelerating that journey in all countries, especially the emerging ones. Andrew Jassy: On the AWS deals, it's a really broad mix of industries and geographies. So it's not comped up in one. Some are kind of first really big deals from customers. Some of them are very large expansions of existing agreements where they've gone from call it, 20% of their workloads to 50% of their workloads moving to AWS in the cloud. It's also -- I'm not even really including in that number, a number of really big public sector deals that we've done over the last chunk of time that won't hit for a period of time; and so all these deals don't hit in a

Verify independently

SEC filings for AMZN · Claim quote is verbatim from the 2023Q3 earnings call.