Its stock fell by up to 10 percent in after-hours trading.
“We realized the equivalent of three years’ forecasted growth in about 15 months.”
This is not a huge problem in the scheme of things, but it does illustrate the communications trouble that Amazon is facing right now. The company saw such rapid growth during the early stages of the pandemic that its merelyAmazon CEO Andy Jassy tried to set expectations inearlier this month, saying, “We realized the equivalent of three years’ forecasted growth in about 15 months.”
Analysts aren’t wrong that things are slowing down dramatically over at Amazon, though. The company reported 44 percent year-over-year growth in net sales for Q1 2021 and just 7 percent growth for Q1 2022. That’s obviously a lot lower —
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