Amazon(US:AMZN) Huan Qiu Wang·2025-05-02 02:08Core Insights - The company reported quarterly revenue of $155.7 billion, a 9% year-over-year increase, exceeding Visible Alpha analysts' expectations [3] - Net profit for the first quarter was $17.1 billion, or $1.59 per share, compared to $10.4 billion, or $0.98 per share in the same period last year, surpassing Wall Street forecasts [3] - CEO Andy Jassy noted an increase in purchasing in certain categories, suggesting consumers may be stockpiling ahead of potential tariff impacts [3] Revenue Breakdown - Online store sales grew by 6% to $57.41 billion, exceeding expectations [3] - Amazon Web Services (AWS) revenue increased by 17% to $29.27 billion, slightly below the forecast of $29.38 billion [3] Future Outlook - The company forecasts second-quarter revenue between $159 billion and $164 billion, roughly in line with Wall Street's expectation of $161.27 billion [3] - However, the projected operating income of $13 billion to $17.5 billion is significantly lower than analyst expectations [3] Pricing Strategy - CEO Jassy emphasized the importance of maintaining low prices amid uncertain tariff policies, stating that the company is focused on this aspect [4] - The company has implemented measures to keep prices low, including advance inventory purchases and supply chain diversification [4] Stock Performance - The company's stock fell approximately 3% in after-hours trading, with a cumulative decline of 13% for the year as of Thursday's close [4]