Amazon said it expects net sales to be between 56 billion and 60 billion US dollars in the current quarter, which would represent year-on-year growth of between 10% and 18%. This guidance anticipates an unfavourable impact of approximately 210 basis points from foreign exchange rates.
In the fourth quarter of 2018, Amazon increased sales by 20% to 72.4 billion dollars. Excluding the impact of currency movements, sales would have risen 21%. Amazon said tens of millions of customers worldwide started Prime free trials or began paid memberships during the holiday season.
“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," added Jeff Bezos, Amazon CEO. "In 2018, we improved Alexa’s ability to understand requests and answer questions by more than 20% through advances in machine learning, we added billions of facts making Alexa more knowledgeable than ever, developers doubled the number of Alexa skills to over 80,000, and customers spoke to Alexa tens of billions more times in 2018 compared to 2017.” Source: Amazon statement
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