Amazon’s income dipped in Q3 2022 as the economy took its toll

Amazon’s income dipped in Q3 2022 as the economy took its toll

Amazon suffered steep losses in year-over-year income as post-pandemic shopping habits and inflation threw the retailer for a loop. In its third quarter 2022 earnings report today, Amazon revealed that operating income decreased to $2.5 billion in Q3 2022 compared to $4.9 billion the same quarter last year, while net income dipped to $2.9 billion […]

Amazon’s income dipped in Q3 2022 as the economy took its toll by Kyle Wiggers originally published on TechCrunch

Amazon’s income dipped in Q3 2022 as the economy took its toll

2022-10-28 06:04