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Amazon net income up marginally QoQ to $2.8 billion

Amazon reported a net income of $2.88 billion in the quarter ended September 2018, up 1026% compared to $256 million in the same quarter last year. Its total operating expenses grew from $43.3 billion in Q3 2017 to $52.8 billion in this quarter. The total non-operating income swelled to losses of $334 million, up from losses of $31 million in the same quarter of 2017. Its total income before taxes was $3.39 billion, up 972% from $316 million in the same quarter last year. Total comprehensive income was $2.78 billion as compared to $361 million in the same quarter of FY18. In North America, its operating income swelled from $112 million in Q3FY18 to $2.03 billion in the quarter ended September 2018. Internationally, it reduced its losses from $936 million in Q3FY18 to $385 million in Q3 2018. AWS operating income…

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I'm a MediaNama alumna from 2015-16 (remember TinyOwl?) now back to cover e-services like food and grocery delivery, app based transport and policies, platforms and media in India.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

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