U.S. e-commerce giant Amazon released its third quarter 2020 results as of September 30 after the U.S. stock market closed on Thursday (Beijing time early Friday). According to the report, Amazon’s third quarter revenue was $96.1 billion, up 37% from $70 billion in the same period last year; Amazon’s net profit in the third quarter was $6.3 billion, up 200% from $2.1 billion in the same period of last year; the basic earnings per share in the third quarter was $12.63, compared with $4.31 in the same period of last year. < p > < p > Amazon’s net sales in the third quarter were $96.1 billion, up 37% from $70 billion in the same period of the previous year; excluding the favorable impact of the year-on-year change of foreign exchange rate in the whole quarter, the net sales in the third quarter increased by 36% compared with the same period last year. < p > < p > Amazon’s net sales consisted of goods and services, with net sales of goods and services of $52.774 billion in the third quarter, compared with $39.726 billion in the same period of the previous year; and the net sales of services was $43.371 billion, compared with $30.255 billion in the same period of last year. According to the types of sales channels, Amazon’s net sales consist of online stores, physical stores, third-party seller services, subscription services, cloud computing services and other businesses. Net sales from online stores in the third quarter were $48.350 billion, up 38% from $35.03 billion in the same period last year; < / P > < p > net sales from third-party seller services were $20.436 billion, up 55% from $13.312 billion in the same period last year; and net sales from cloud computing services (AWS) were $11.601 billion, up 38% from $35.03 billion in the same period last year Billion US dollars, an increase of 29%. < p > < p > by region and business, Amazon’s net sales consist of three parts: North American market, international market and AWS. Net sales from North America in the third quarter were $59.373 billion, up 39% from $42.638 billion in the same period last year. Net sales from international regions in the third quarter were $25.171 billion, up 37% from $18.348 billion in the same period last year. < p > < p > in the cloud computing business AWS, Amazon achieved a net sales volume of 11.601 billion US dollars, a year-on-year increase of 29%, which was the revenue growth of AWS again less than 30%; the operating profit of the business reached 3.535 billion US dollars, a 56% increase compared with the US $2.261 billion in the same period of last year. Amazon’s basic earnings per share in the third quarter was $12.63, compared with $4.31 a year earlier. Amazon earned $12.37 a share in the third quarter, compared with $4.23 a year earlier. < / P > < p > of the operating expenses in the third quarter, the sales cost was $57.106 billion, compared with $41.302 billion in the same period of the previous year; the logistics cost was $14.705 billion, compared with $10.167 billion in the same period of the previous year; the technology and content expenses were 10.976 billion US dollars, which was 9.2 billion US dollars in the same period of last year; the marketing expenses were 5.434 billion US dollars, which was 4.752 billion US dollars in the same period of last year; the general and administrative expenses were 1.66 billion dollars Other expenses were $62 million, up from $55 million in the same period last year. < p > < p > for the 12 months ended September 30, 2020, Amazon’s operating cash flow was $55.3 billion, up 56% from a year earlier. For the 12 months ended September 30, 2019, Amazon’s operating cash flow was $35.3 billion. < p > < p > in the 12 months to September 30, 2020, Amazon’s free cash flow was $29.5 billion, an increase of 26% over the same period last year. Amazon’s free cash flow for the 12 months ended September 30, 2019 was $23.5 billion. < p > < p > Amazon expects net sales of $112 billion to $121 billion in the fourth quarter of 2020, an increase of 28% to 38% over the same period of last year, and an operating profit of $1 billion to $4.5 billion in the fourth quarter, and $3.9 billion in the same period of 2019. < / P > < p > since the outbreak in the United States eight months ago, consumers have turned to Amazon for shopping. Sales will rise in the fourth quarter, but costs associated with the new outbreak will also increase. Amazon expects to spend about $4 billion on the new outbreak in the fourth quarter, compared with $2.5 billion in the previous quarter. At present, the company is carrying out virus detection on employees and providing epidemic prevention equipment to new employees. Amazon’s operating profit forecast for the fourth quarter was lower than the $5.8 billion expected by analysts surveyed by FactSet, a research firm. < / P > < p > “two years ago, we raised the hourly minimum wage for all full-time, part-time, temporary and seasonal employees across the United States to $15, and asked other major employers to do the same. Best buy and target have followed, and we hope other big employers will raise the minimum wage to $15. Now, it’s a great time. ” “In an era like this, it makes more sense to provide industry-leading compensation and good health care, including for junior and front-line employees,” says Jeff Bezos, founder and chief executive of Amazon. We are proud to have created more than 400000 jobs this year. We are seeing more consumers buying holiday gifts than ever before, a sign that the holiday season at the end of this year will be a better picture than ever before. Our employees and our global sales partners have been busy preparing for this coming year-end holiday season, and I thank them. ” Amazon shares rose $48.23, or 1.52%, to $3211.01 on the Nasdaq Stock Exchange on Thursday. In after hours trading, the company’s shares fell $64.01, or 1.99%, to $3147.00. Chinese version of K-car: reading a10e design drawing exposure

By ibmwl