Amazon.com Announces First Quarter Results

**Net sales increased 9% to $127.4 billion in the first quarter, compared with $116.4 billion in first quarter 2022. Excluding the $2.4 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 11% compared with first quarter 2022.
*North America segment sales increased 11% year-over-year to $76.9 billion.
*International segment sales increased 1% year-over-year to $29.1 billion, or increased 9% excluding changes in foreign exchange rates.
*AWS segment sales increased 16% year-over-year to $21.4 billion.

**Operating income increased to $4.8 billion in the first quarter, compared with $3.7 billion in first quarter 2022. First quarter 2023 operating income includes approximately $0.5 billion of charges related to estimated severance costs.
*North America segment operating income was $0.9 billion, compared with operating loss of $1.6 billion in first quarter 2022.
*International segment operating loss was $1.2 billion, compared with operating loss of $1.3 billion in first quarter 2022.
*AWS segment operating income was $5.1 billion, compared with operating income of $6.5 billion in first quarter 2022.
details at: https://ir.aboutamazon.com/news-release/news-release-details/2023/amazon.com-announces-first-quarter-results/default.aspx

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