Amazon’s operating income increased~3 billion. Income before tax increased ~9 billion. Of that change “other income” accounted for ~5 billion of the change. I think some comment on that and whether it might continue would be in order.
That is true, and it partly explains Amazon's strong EPS growth. However, these exceptional elements don't diminish the underlying momentum behind Amazon's margin expansion
Amazon’s operating income increased~3 billion. Income before tax increased ~9 billion. Of that change “other income” accounted for ~5 billion of the change. I think some comment on that and whether it might continue would be in order.
That is true, and it partly explains Amazon's strong EPS growth. However, these exceptional elements don't diminish the underlying momentum behind Amazon's margin expansion