Revenue growth appears to be slowing, though… Shares down in after-hours
Amazon closed out 2018 with a bang, well, a $72.4bn fourth quarter, according to figures released Thursday.
The Bezos Bunch said they also logged $233bn of sales that year, and banked $10.1bn in profit. Here’s a summary for the quarter, ending December 31:
On the full 2018 year:
Though hiring was down from previous years, Amazon said it had added a bundle of tech and research positions. In discussing the results with analysts on a conference call, Amazon execs said AWS had added a number of tech and sales positions, while CEO Jeff Bezos said earlier that Alexa had bolstered its roster of boffins.
“The number of research scientists working on Alexa has more than doubled in the past year, and the results of the team’s hard work are clear,” the Beez boasted.
