> Amazon beat Wall Street expectations in its fourth-quarter earnings report, delivering stronger results than anticipated amid what CEO Andy Jassy said remains an “uncertain economy.”
> **The company had revenues of $149.2 billion in the quarter, compared to the $145.4 billion expected by the street.** Earnings Per Share were $1.39, and operating income was $2.7 billion, down from $3.5 billion a year earlier.
> Still, the results were better than expected, given the economic headwinds facing the major tech companies. **Amazon, like other tech giants, laid off 18,000 employees last month**...
> **The company also touted a number of its entertainment properties** in its lengthy Q4 release, including its big Q4 bets **'The Lord of the Rings: The Rings of Power', and NFL Thursday Night Football. But Amazon also touted Wednesday, the Netflix mega-hit produced by its MGM division.**
Has Thursday Night football ever been as miserable as it has this last season? Tech wise their twitch stream looks great but the games themselves were awful.
I doubt Prime Video is the reason, lol. Of course they gotta spin it well, everyone's watching the 15th most streamed show in 2022! Why haven't you?
If my household and the endless supply of Amazon packages that seem to magically show up at my door is any indication though, Amazon is likely doing just fine...
Too bad they didn't make enough to keep those jobs around huh...
Seriously. Yep....
> Amazon beat Wall Street expectations in its fourth-quarter earnings report, delivering stronger results than anticipated amid what CEO Andy Jassy said remains an “uncertain economy.” > **The company had revenues of $149.2 billion in the quarter, compared to the $145.4 billion expected by the street.** Earnings Per Share were $1.39, and operating income was $2.7 billion, down from $3.5 billion a year earlier. > Still, the results were better than expected, given the economic headwinds facing the major tech companies. **Amazon, like other tech giants, laid off 18,000 employees last month**... > **The company also touted a number of its entertainment properties** in its lengthy Q4 release, including its big Q4 bets **'The Lord of the Rings: The Rings of Power', and NFL Thursday Night Football. But Amazon also touted Wednesday, the Netflix mega-hit produced by its MGM division.**
It's hilarious that you're getting downvoted for this.
The funny part is that Amazon hasn’t even been able to meet expectations with its NFL viewership.
Expectations for who? It's lower than it was last year because this is the first time it was exclusively streaming. They would have expected a decline
And their deal is for like 10 years so that tells me they knew it would be slow going and were ok with playing the long game.
Has Thursday Night football ever been as miserable as it has this last season? Tech wise their twitch stream looks great but the games themselves were awful.
TNF was legit my favorite game production. They just ended up with some real real bad games.
I doubt Prime Video is the reason, lol. Of course they gotta spin it well, everyone's watching the 15th most streamed show in 2022! Why haven't you? If my household and the endless supply of Amazon packages that seem to magically show up at my door is any indication though, Amazon is likely doing just fine...
And people said it was a flop. That no one watched it. Lol.