Amazon Q1 2019 net income US$3.6 billion

(www.cargofee.com) News Broadcast：

The Q1 net sales total was split US$25.4 billion from services, primarily its Amazon Web Services (AWS) cloud infrastructure, and US$34.3 billion from product sales.

During the period under review the company announced ‘Shipment Zero’, a plan to make 50 percent of all shipments net zero by 2030. To track progress Amazon says it will share its company-wide carbon footprint as well as related goals and programmes later this year.

Acknowledging the long-term goal to power all AWS infrastructure with renewable energy, Amazon announced new wind farms in Ireland, Sweden and the US that will generate over 670,000 megawatt hours annually. The company claims over 50 percent of its AWS power came from renewable sources in 2018.

Together with nine previous AWS-centric renewable energy projects, these facilities are expected to generate more than 2,700,000 MWh of power per annum – equivalent to the annual electricity consumption of over 262,000 US homes, the approximate size of Nashville, Tennessee.

By the end of Q1 2019, Amazon full- and part-time employee numbers rose 12 percent year-on-year to reach 630,600.

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