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Amazon scheduled to announce Q3 earnings on October 29

The Motley Fool +1 ·

  1. 1Amazon is projected to record $220 billion in capital expenditures this year.
  2. 2AWS revenue reached $42.2 billion in Q2, representing a 37% increase year-over-year.
  3. 3Amazon reported a negative free cash flow of $7.6 billion for the 12 months ended June 30.

So what's the key point?

Amazon is expected to invest $220 billion. While cloud service revenue increased, cash flow recorded a negative value.

Source The Motley Fool +1 · View original ↗

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