Yes. Thank you for joining us today. Good day, everyone, and welcome to the Amazon.com Q2 2020 financial results teleconference. So I don't have any particular color on that regard by country. So since then, I would say it's getting closer to what we call a more normal mix. I would say they both went up. So first, on the trend. The chart shows that the stock fell to a low of $57.20 in September 2015, and rose to a peak of $225.96 last Friday, on January 10, 2020. Longforecast in a chart below, shows an optimistic price outlook after the Presidential election. Hironaka
We've talked about India many times, but a lot of focus on building that out.I think what's great about all geographies with a place like India is we're really focused on digitizing the Indian sellers. Starting with that second one.
On one day, we realize that our first priority is to keep our employees safe, and the second is focus on getting our capacity increased. We're super encouraged by the fact that grocery delivery has picked up, and that's been accelerated versus what we would have thought. Thanks for your question. It's still pretty early, but I think it probably goes without saying it's a tremendously forward-thinking team, which resonates with us. AMZN forecast,
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Customer usage remains strong, although growth varies across industries as a result of the COVID-19 crisis.Lastly, I'll touch upon our Q3 guidance, which we provided as part of our earnings release. And due to those factors, is it possible that AWS can accelerate growth going forward? Will AMZN price go up? They're becoming super high at the company if you ex out the COVID costs.Is Jeff aware of how profitable the company is becoming? The stock price rise from $1169 at the end of 2017 to $1847 at the end of 2019 is justified by the roughly 60% increase in Understandably, the rise in EPS was accompanied by a reduction in Amazon’s P/E multiple from 185x at the end of 2017 when it finally turned profitable to 79x at the end of 2019. So has the last few months in the pandemic closed that gap meaningfully in terms of GMV per Prime member for international versus what you see in the U.S.? Just to add to that, I think Prime is such a big focus, and some of the growth statements that Brian talked about at the opening of the call, whether it was strength in Prime membership and the acceleration we saw in the U.S. or worldwide or some of the usage stats like the grocery momentum or the doubling of video hours, for us, it's just another encouraging sign.We think there's still a lot more value we can add to that program. I'd point to a few capacity improvements that have allowed us to enhance throughput. And we talked a lot about the fact that that was coming at pretty much zero cost -- or excuse me, zero profit when you factored in the COVID-related costs.We've got better on our cost structure, and we also resumed a more normal mix in, I'd say, early part of May.
And second is capacity expansion, especially as we head into the second half of the year, which generally sees a step-up in volume even over the first half of the year. Maybe just thoughts there.Are you seeing any changes in sort of the markets that are starting to open up? Find real-time AMZN - Amazon.com Inc stock quotes, company profile, news and forecasts from CNN Business. Please note, unless otherwise stated, all comparisons in this call will be against our results for the comparable period of 2019.Our comments and responses to your questions reflect management's views as of today, July 30, 2020, only and will include forward-looking statements. So our fixed costs were leveraged to the hilt. As I mentioned on our last earnings call, we began to see a significant increase in customer demand beginning in early March, and demand remained elevated throughout Q2.Strong early demand in groceries and consumable products continued into Q2, while demand increased during the quarter in our other major product categories like hardlines and softlines. Amazon.com, Inc. projections,
Brian, when do you think you'll get back to par in terms of one day being one day? … And as you saw, Prime growth retention has increased.We've accelerated the growth of Prime members, both in the U.S. and internationally. It started to normalize a little bit more to normal levels toward the end of the quarter, but MFN still remains high. Yet for investors, the stock price slowly and persistently falls. Let me start with that second one. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. So we are improving the percentage of one day.We're not back to where we were pre-COVID. Below you will find the price predictions for 2020, 2021, 2022, 2023, 2024, 2025. Thank you. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. At a glance: US retail industry overview . Based on our forecasts, a long-term increase is expected,
So in the AWS segment revenue, what we see are companies are working really hard right now to cut expenses, especially in the more challenged businesses like hospitality and travel but pretty much across the board.We're helping them.
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