Your second question on slowing investments, the list is very short on what we’ve had to slow down. Sure. Great. All earnings call transcripts on Amazon.com, Inc. (AMZN) stock. So that’s really still priority one. Please proceed with your question. Thanks. Our final question comes from Justin Post with Bank of America. The banking giant reported an 11% decline in Q3 revenues to $20.45 billion, slightly, Infosys (NYSE: INFY) reported second quarter 2021 earnings results today. Please proceed with your question. Also read: Amazon is headed for a busy second half. And hopefully, it’ll be less noticeable for our consumer base. A replay will be available on our Investor Relations website at least through the end of the quarter. In our press release, slides accompanying this webcast and our filings with the SEC, each of which is posted on our IR website, you will find additional disclosures regarding these non-GAAP measures, including reconciliations of these measures with comparable GAAP measures. In international, aggregate does not matter of that much. I’d point to a few capacity improvements that have allowed us to enhance throughput. We’re becoming more efficient. I wouldn’t say it closed the gap. Thanks for your question. Thanks for joining us today on the call and for your questions. I was curious if you could just expand on AWS. During the call, we may discuss certain non-GAAP financial measures. I’m just curious if there is a common trend that you’re seeing there and perhaps just talk about the backlog. So, how much of the deceleration — it’s obviously a really strong number for 3Q. Actual results may differ materially. Categories Earnings Call Transcripts, Technology, Amazon.com, Inc. (NASDAQ: AMZN) Q2 2020 earnings call dated July 30, 2020, Dave Fildes — Director of Investor Relations, Brian T. Olsavsky — Senior Vice President and Chief Financial Officer, Mark Mahaney — RBC Capital Markets — Analyst. So the Prime behavior for international Prime members, you guys have talked about how, like, in the 16, 17 countries, the overall service levels are a little bit behind, selection is a little bit behind. I’d like to start by thanking and recognizing the contributions of hundreds of thousands of Amazon employees and delivery partners and hundreds of thousands of small and medium-size businesses who are working hard to serve our customers all around the world in these uncertain times. There’s still a heavy component of grocery. I think what’s great about a place — all geographies but a place like India is, we’re really focused on digitizing the Indian sellers, a lot of micro, small and medium-size businesses there. Our 3P sellers, who are largely comprised of small and medium-size businesses, also stepped up to help make more selection available for customers. Get the latest news in your inbox. Turning to AWS, this is now a $43 billion annualized run rate business, up nearly $10 billion in run rate in the last 12 month. Our next question comes from Ross Sandler with Barclays. It’s a good sign that we could leverage that. The one exception is Amazon India, which will host Prime Day on August 6 and August 7. Our next question comes from Brian Nowak with Morgan Stanley. Our next question is from Mark Mahaney with RBC. And we hope that that has long-term ramifications. We’re super encouraged by the fact that grocery delivery has picked up and that’s been accelerated versus what we had thought. Thank you. So that’s a good source of profitability. Additional information about factors that could potentially impact our financial results is included in today’s press release and our filings with the SEC, including our most recent annual report on Form 10-K and subsequent filings. We’re getting progressively better. They’re shopping more often. Yeah, this is Dave. Last Minute Thought: Buy or Sell Lululemon Before Earnings? Any reproduction, redistribution or retransmission is expressly prohibited. We are more committed than ever to supporting the success the hundreds of thousands of small and medium-size businesses to sell their products in Amazon stores. We’re actively, with our sales force, looking for ways that we can help them save money. This transcript is produced by AlphaStreet, Inc. Costs are expected to be lower than in Q2, primarily due to better cost efficiency at the high demand levels we are seeing. Earnings Amazon.com (NASDAQ:AMZN) Earnings Information. So I don’t want to go by country. Lastly, we plan to host Prime Day in Q4 this year rather than Q3 as it has been in prior years. But I hope you could comment just on the pace of IT decision making in this environment, whether you’re still impacted by some clients more highly exposed to challenged verticals. For opening remarks, I will be turning the call over to Director of Investor Relations, Dave Fildes. We expect to incur more than $2 billion in COVID-related expenses in Q3 to help keep employees safe, including continued investment in social distancing, PP&E and testing. Obviously, the shipping times were impacted by COVID. Find the latest Earnings Report Date for Amazon.com, Inc. Common Stock (AMZN) at Nasdaq.com. I probably saw that in a lot of companies. Existing Prime member renewal rates improved and the Prime member growth rate accelerated both in the US and worldwide. And perhaps we’ve got a glimpse of the future on the demand curve. Great. But you also see our investments in new countries. )+[a-z]{2,63}/i);}, failureMessage: "Value must not contain any URL's"});field11.add(Validate.Presence, {failureMessage:"This field is required"});field11.add(Validate.Length, {tooShortMessage:"Invalid length for field value", tooLongMessage: "Invalid length for field value", minimum: 4, maximum: 4});function handleFormSubmit(ele) { var submitButton = ele.querySelector('input[type=submit]'); var spinner = document.createElement('span'); spinner.setAttribute('class', 'loader'); submitButton.setAttribute('disabled', true); submitButton.style.cursor = 'wait'; submitButton.parentNode.appendChild(spinner); return true; }function resetSubmitButton(e){ var submitButtons = e.target.form.getElementsByClassName('submit-button'); for(var i=0;i
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