28 April 2023
We review Amazon’s first quarter results and the outlook for the year ahead as it continues to simplify the business.
Q1 key numbers
Total net sales increased 9.4% to $127,358m
Net product sales increased 0.9% to $56,981m
Net service sales increased 17.3% to $70,377m
Online sales were flat to last year at $51,096m
Sales through physical stores increased by 6.6% to $4,895m