Amazon chief executive Andy Jassy set a bold target on the conference call announcing third-quarter earnings.
Here’s the math on Amazon CEO’s claim to be on path to two trillion-dollar revenue businesses
In short
Andy Jassy announced an ambitious expansion target during the company's third-quarter earnings conference call. The chief executive stated that the firm claims to be charting a course toward establishing two distinct trillion-dollar revenue businesses. This public declaration signals the massive scale corporate leadership anticipates from its core operational divisions in the future.
Key points
- Executive leadership has committed the organization to pursuing historic commercial reven…: Executive leadership has committed the organization to pursuing historic commercial revenue benchmarks.
- The company expects two distinct operations to eventually generate a trillion dollars eac…: The company expects two distinct operations to eventually generate a trillion dollars each.
- Strategic guidance provided during quarterly earnings shows massive expectations for futu…: Strategic guidance provided during quarterly earnings shows massive expectations for future business scale.