The numbers
$14.3 billion — The amount Amazon made from net sales of its advertising services in Q3, up 19% year-over-year. Ads made up almost 9% of Amazon’s total sales.
11% — Amazon’s overall net sales jumped 11% year-over-year to $158.9 billion.
55% — How much overall net income increased, year-over-year. It was $15.3 billion in Q3.
The water cooler talk
Amazon is projecting a big holiday sales season, and continues to invest in and emphasize its generative AI capabilities.
The
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