2018年Q3亚马逊财报（英文）-2018.10-14页

Amazon Third Quarter 2018 Summary

Core Content

Amazon.com, Inc. (NASDAQ: AMZN) reported its third quarter 2018 financial results, highlighting significant growth in sales and profitability, as well as new product launches and strategic initiatives across various business segments.

Key Financial Highlights

• Net Sales: Increased by 29% to $56.6 billion, compared to $43.7 billion in the same period of 2017. Excluding foreign exchange impact, net sales grew by 30%.
• Operating Income: Rose to $3.7 billion, up from $347 million in the third quarter of 2017.
• Net Income: Grew to $2.9 billion, or $5.75 per diluted share, compared to $256 million, or $0.52 per diluted share, in the third quarter of 2017.
• Operating Cash Flow: Increased by 57% to $26.6 billion for the trailing twelve months, compared to $17.0 billion in the prior year period.
• Free Cash Flow: Rose to $15.4 billion for the trailing twelve months, up from $8.0 billion in the prior year period.
• Common Shares Outstanding: Increased to 507 million as of September 30, 2018, from 503 million one year ago.

New Product Launches and Innovations

• Echo Devices: Amazon introduced a new family of Echo devices, including Echo Dot, Echo Plus, Echo Show, Echo Auto, and companion devices like Echo Wall Clock and Echo Sub.
• Fire HD 8 Tablet: Launched with an 8" HD display, 16 GB internal storage, and hands-free Alexa access. Show Mode was expanded to Fire tablets.
• Kindle Paperwhite: A new, thinner, lighter, and waterproof version was introduced.
• Fire TV Recast: A DVR for live over-the-air TV, with no monthly fees.
• Fire TV Stick 4K: First streaming media stick to support HDR10+ and Dolby Vision.
• Amazon 4-star Store: Launched in New York City, featuring products rated 4 stars and above.
• Amazon Storefronts: Introduced in the U.S., Germany, and the U.K., offering products from small and medium-sized businesses.
• Amazon.com.tr: Launched in Turkey, providing millions of products across 15 categories.
• Amazon.in in Hindi: Launched in India, offering a Hindi language interface for customers.
• Amazon Fashion Expansion: Included partnerships with J.Crew and additions from brands like Ralph Lauren.

Amazon Business Growth

• Amazon Business reached a $10 billion annualized sales run rate, serving millions of customers in eight countries.
• New Business Prime benefits were introduced in the U.S., Germany, and Japan, including Spend Visibility and Guided Buying.
• Amazon and American Express launched the Amazon Business American Express Card, offering flexible rewards and payment terms.
• Amazon acquired PillPack, an online pharmacy, to enhance its healthcare offerings.

Operational and Social Initiatives

• Amazon increased its hourly minimum wage to $15 in the U.S., £10.50 in London, and £9.50 in the rest of the U.K.
• A $10 million investment was made in the Closed Loop Fund to support recycling infrastructure in the U.S.
• In response to Hurricanes Florence and Michael, Amazon donated over 600,000 disaster relief items and facilitated customer donations via Wish Lists and Alexa.

AWS Developments

• AWS announced several new services and instance types, including:
  • Amazon Aurora Serverless: Automatically scales database capacity with per-second billing.
  • T3 Instances: Next generation burstable general-purpose instances for EC2.
  • High Memory Instances (EC2): Offering up to 12 TB of memory.
  • R5 and R5d Instances: Memory optimized instances for high-performance databases.
  • Amazon RDS on VMware: A new service for setting up and operating databases in VMware environments.
  • VMware Cloud on AWS: Expanded to the Asia Pacific (Sydney) Region with more regions expected in Q4.
  • Amazon Lightsail: Introduced new instance sizes and reduced pricing for existing ones.
  • IoT Device Defender: A fully-managed service for securing IoT devices.

Financial Guidance for Fourth Quarter 2018

• Net Sales: Expected to be between $66.5 billion and $72.5 billion, representing growth of 10% to 20% compared to the same period in 2017.
• Operating Income: Projected to be between $2.1 billion and $3.6 billion.
• Guidance Assumptions: No additional acquisitions, investments, or legal settlements are expected.

Summary of Cash Flow

• Operating Cash Flow (12M): $26.6 billion, up from $17.0 billion.
• Free Cash Flow (12M): $15.4 billion, up from $8.0 billion.
• Net Cash Provided by Operating Activities (12M): $26.6 billion.
• Net Cash Used in Investing Activities (12M): -$10.8 billion.
• Net Cash Used in Financing Activities (12M): -$8.5 billion.
• Ending Cash, Cash Equivalents, and Restricted Cash: $21.032 billion.

Conclusion

Amazon demonstrated strong financial performance in Q3 2018, with notable growth in sales, profitability, and cash flow. The company continued to innovate across its product and service lines, expanding into new markets and enhancing customer experiences through new devices, features, and services. Strategic investments in AWS and Amazon Business further solidified its position in the digital commerce and cloud computing sectors.