Year-over-year quarterly growth of 44% would be significant for any company, but when the numbers were already this big, it starts to qualify as astonishing.

Amazon's sales of $108.5 billion in the first quarter compared with $75.5 billion a year earlier, setting a new record for the Seattle-based e-commerce giant and providing a glimpse of its strong position as the world emerges from the pandemic. Amazon is easing its spending on COVID-19 initiatives, but consumers' online purchasing habits appear to have permanently changed.

The result: its profits more than tripled, to $8.1 billion, from $2.5 billion a year earlier.

The impact of that structural shift on Amazon's bottom line is the big takeaway from its first-quarter results, released Thursday afternoon.

We break down the quarter on this episode of Day 2, GeekWire's podcast about everything Amazon, with GeekWire co-founders Todd Bishop and John Cook, and former third-party seller Jason Boyce, co-author of "The Amazon Jungle" and founder and CEO of e-commerce agency Avenue7Media. 

Year-over-year quarterly growth of 44% would be significant for any company, but when the numbers were already this big, it starts to qualify as astonishing.
Amazon's sales of $108.5 billion in the first quarter compared with $75.5 billion a year earlier, setting a new record for the Seattle-based e-commerce giant and providing a glimpse of its strong position as the world emerges from the pandemic. Amazon is easing its spending on COVID-19 initiatives, but consumers' online purchasing habits appear to have permanently changed.
The result: its profits more than tripled, to $8.1 billion, from $2.5 billion a year earlier.
The impact of that structural shift on Amazon's bottom line is <a href="https://www.geekwire.com/2021/amazon-crushes-earnings-estimates-108-5-billion-q1-revenue-44-profits-8-1-billion/">the big takeaway from its first-quarter results</a>, <a href="https://www.businesswire.com/news/home/20210429006037/en/Amazon.com-Announces-First-Quarter-Results">released Thursday afternoon</a>.
We break down the quarter on this episode of <a href="https://www.geekwire.com/day2/">Day 2</a>, GeekWire's podcast about everything Amazon, with GeekWire co-founders Todd Bishop and John Cook, and former third-party seller Jason Boyce, co-author of <a href="https://www.amazon.com/Amazon-Jungle-Survival-Commerce-Marketplace-ebook/dp/B08K3PQGJ8">"The Amazon Jungle"</a> and founder and CEO of e-commerce agency <a href="https://avenue7media.com/">Avenue7Media</a>.&nbsp;

Amazon built an empire obsessing about its customers. Where does that leave its partners, competitors, communities, workers, and the world? Coming soon from GeekWire: Day 2, a new podcast about Amazon and the future of everything else. In collaboration with Jason Boyce of Avenue7Media, author of "The Amazon Jungle."

Amazon built an empire obsessing about its customers. Where does that leave its partners, competitors, communities, workers, and the world? Coming soon from GeekWire: Day 2, a new podcast about Amazon and the future of everything else. In collaboration with Jason Boyce of Avenue7Media, author of "The Amazon Jungle."

Day 2: Everything Amazon

Amazon built an empire obsessing about its customers. Where does that leave its partners, competitors, communities, workers and the world? Coming soon from GeekWire: Day 2, a new podcast about Amazon and the future of everything else. In collaboration with Jason Boyce of Avenue7Media, author of "The Amazon Jungle."

Amazon built an empire obsessing about its customers. Where does that leave its partners, competitors, communities, workers and the world? Coming soon from GeekWire: Day 2, a new podcast about Amazon and the future of everything else. In collaboration with Jason Boyce of Avenue7Media, author of "The Amazon Jungle."

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