Ge Long Hui·2025-08-01 08:20Core Insights - Amazon's stock dropped over 7.7% in pre-market trading, currently priced at $216 [1] - In Q2, Amazon's net sales increased by 13% year-over-year to $167.7 billion, surpassing analyst expectations of $162.146 billion [1] - Earnings per share were reported at $1.68, exceeding analyst forecasts of $1.32 and last year's $1.26 [1] Sales and Earnings Performance - AWS cloud business revenue maintained a growth rate of approximately 17%, reaching $30.9 billion, slightly above the average analyst expectation of $30.8 billion [1] - In comparison, Microsoft's Azure saw a sales growth of 39% and Google Cloud grew by 32% during the same period [1] - AWS's profit margin was reported at 32.9%, down from 39.5% in Q1 and 35.5% year-over-year, marking the lowest level since Q4 2023 [1] Future Projections - Amazon anticipates Q3 net sales to be between $174 billion and $179.5 billion, exceeding analyst expectations of $173.24 billion [1] - The company expects operating income to range from $15.5 billion to $20.5 billion, with the midpoint falling short of analyst expectations of $19.42 billion [1]