It was another huge quarter for Amazon. The e-commerce giant’s net sales in Q3 rose 37% from last year and operating income increased to $6.3 billion. Net sales of Amazon’s “other” segment, which primarily includes sales of advertising services, jumped 49% year-over-year. Advertising may still be a small part of Amazon’s overall business but is increasingly becoming an important one. Shares of Amazon fell about 2% in after-hours trading Thursday following a 74% run so far this year.
The company highlighted several of its recent originals like the “Borat” sequel and “The Boys,” but in typical Amazon/SVOD fashion didn’t disclose viewership figures for them in its earnings report. It did, however, recentlyFacebook Fails to Impress Investors Despite Ad Rev Jump
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