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You can run calculations less frequently. There's just -- you can do different types of storage on your data.
So there's ways to alter your cost and your bill in a short period of time.
I think that's what we're seeing.
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2022 Q4
5 Feb 23
we'll continue to work really hard on being sharp on pricing
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2022 Q4
5 Feb 23
customers are very conscious about how much they're spending
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2022 Q4
5 Feb 23
Lastly, during the quarter, we increased our reserves for general product and automobile self-insurance liabilities, driven by changes in our estimates about the cost of asserted and unasserted claims, resulting in additional expense of $1.3 billion.
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2022 Q4
5 Feb 23
We'll also take an impairment on capitalized costs and associated values of our leased buildings. The impairment charge in Q4 was $720 million and is included in other operating expense on our income statement.
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2022 Q4
5 Feb 23
we recorded impairments of property and equipment and operating leases, primarily related to our Amazon Fresh and Amazon Go physical stores
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2022 Q4
5 Feb 23
we recorded estimated severance cost of $640 million
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2022 Q4
5 Feb 23
we also saw productivity improvements across our fulfillment centers
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2022 Q4
5 Feb 23
We also saw continued efficiencies across our transportation network
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2022 Q4
5 Feb 23
We entered the quarter with labor more appropriately matched to demand across our operations network compared to Q4 of last year
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2022 Q4
5 Feb 23
we expect these optimization efforts will continue to be a headwind to AWS growth in at least the next couple of quarters
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2022 Q4
5 Feb 23
Some of the key benefits of being in the cloud compared to managing your own data center are the ability to handle large demand swings and to optimize costs relatively quickly, especially during times of economic uncertainty.
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2022 Q4
5 Feb 23
Starting back in the middle of the third quarter of 2022, we saw our year-over-year growth rates slow as enterprises of all sizes evaluated ways to optimize their cloud spending in response to the tough macroeconomic conditions.
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2022 Q4
5 Feb 23
in the first month of the year, AWS year-over-year revenue growth is in the mid-teens
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2022 Q4
5 Feb 23
The operating income was negatively impacted by 3 large items, which added approximately $2.7 billion of costs in the quarter. This was related to employee severance, impairments of property and equipment and operating leases and changes in estimates related to self-insurance liabilities. This cost primarily impacted our North America segment. If we had not incurred these charges in Q4, our operating income would have been approximately $5.4 billion.
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2022 Q4
5 Feb 23
In our worldwide stores business, with the ongoing economic uncertainty, coupled with the continuation of inflationary pressures, customers remain cautious about their spending behavior. We saw them spend less on discretionary categories and shift to lower-priced items and value brands in categories like electronics.
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2022 Q4
5 Feb 23
about 57% up year-over-year
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2022 Q3
1 Nov 22
AWS margins were a little lower than we would have thought.
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2022 Q3
1 Nov 22
restoring meaningful free cash flow?
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2022 Q3
1 Nov 22
as we see a recovery in income generation, normalization of the inventory versus accounts payable cycle and efficiency in our CapEx spend, we intend to flip those numbers around.
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2022 Q3
1 Nov 22