The Electronic Commerce Giant Amazon has announced net benefits of 59,248 million dollars in the 2024 year, 95% more than last year, but disappointed analysts with their sales prospects for this 2025. The firm led by Andy Jassy It had accumulated net sales of 637,959 million dollars, 11 % higher than those of 2023, with growth in its main segments and especially in the smart cloud, Amazon Web Services (AWS).
In a statement, Jassy highlighted “the remarkable innovation” in all its businesses, especially in AWS, where the company has presented its new artificial intelligence chip (AI) “Trainium 2”, as well as the advances in its generative assistant , Amazon Q, focused on companies. By segments, in 2024 the bulk of the income remained the one from the business in North America (387,497 million, 10 % more), followed by the international business (142,906 million, a 9 % more), and by AWS (107,556 million, a 18% more). The latter, the division that dedicated to profitable advances in artificial intelligence and cloud computing, was the one that grew the most.
In the fourth and last quarter, the most often by Wall Street analysts, Amazon had a benefit of 20,004 million dollars, 88% more than in the same section of the previous year, and net sales of 187,792 million dollars, 10% more).
Despite their good results, their prospects for the 2025 year disappointed investors, since the company provides for net sales of between 151,000 million and 155,500 million dollars (between 5% and 9% more than in the first quarter of 2024), compared to 158.5 billion that analysts predicted. According to the company, this forecast anticipates “a great unfavorable impact of approximately 2.1 billion dollars (1.5%) of exchange rates. Thus, in the electronic operations after the closure of Wall Street, its shares fell by 2%.
In the last year, the technology market value has increased by 40%, to 2.51 billion dollars, and currently occupies fourth place in the list of companies with the greatest stock market capitalization in the world.
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