Build your own seamless purchase experience at Commerceweek, February 28-29. Gain strategies for consumer retention with immersive touchpoints, AI innovation and storytelling. Register now at 35% off.
Amazon’s share price dropped 5% in the immediate hours after trading closed Thursday as the company reported a mixed performance for the first quarter of 2020, with sales beating expectations but income dropping.
Meanwhile, Amazon’s advertising services continued to be the company’s strongest performer in terms of growth during the period.
Net sales came in at $75.5 billion during the quarter, up 27% from the first quarter of 2019. Net income was $2.5 billion, compared with $3.6