Amazon posts $75bn first-quarter revenues but expects to spend $4bn in Covid-19 costs

Dominic Rushe and Michael Sainato

from Technology | The Guardian on 2020-04-30 20:11 (#52WK8)

Earnings in first three months equivalent to $33m an hour
Company says it will spend on PPE, cleaning and higher wages

Amazon emerged as one of the big winners of the coronavirus pandemic on Thursday, announcing it had revenues of $75.4bn in the first three months of the year - over $33m an hour.

Related: Coronavirus US live: intelligence report concludes Covid-19 was not 'manmade or genetically modified'

Source	RSS or Atom Feed
Feed Location	http://www.theguardian.com/technology/rss
Feed Title	Technology \| The Guardian
Feed Link	https://www.theguardian.com/us/technology
Feed Copyright	Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024