Shelley E. Kohan, Senior Contributor / Forbes Business News
Amazon Loses $3.8 Billion In Profits But Andy Jassy Is Not Concerned – Amazon announced its first quarter results including a moderate revenue increase of 7% compared to last year in the same period. The company had a loss of $3.8 billion in profits which were down 147% compared to last years $8.1 billion. AWS was the shining star with sales up 37%.Amazon …
