April 30, 2020 09:09 pm -04

Amazon plans to spend $4 billion on COVID-related expenses

Fueled in part by a massive uptick in demand for groceries and other essential items, Amazon reported a big jump in sales for the first quarter in 2020. But that also equated to a sharp increase in costs, which unfortunately resulted in lower profits...

Original Link: https://www.engadget.com/amazon-q1-2020-earnings-210941511.html

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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