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How did Amazon perform in first quarter 2023?
SEATTLE-- (BUSINESS WIRE)-- Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2023. Net sales increased 9% to $127.4 billion in the first quarter, compared with $116.4 billion in first quarter 2022.How much did AWS sales increase in 2023?
North America segment sales increased 12% year-over-year to $352.8 billion. International segment sales increased 11% year-over-year to $131.2 billion. AWS segment sales increased 13% year-over-year to $90.8 billion. Operating income increased to $36.9 billion in 2023, compared with $12.2 billion in 2022.What is free cash flow in 2022 & 2023?
For the twelve months ended December 31, 2022 and 2023, this amount relates to property included in “Principal repayments of finance leases” of $7,941 million and $4,384 million. Free cash flow is cash flow from operations reduced by “Purchases of property and equipment, net of proceeds from sales and incentives.”