Amazon Q1 allowance for doubtful accounts $400 million - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

ایران اخبار اخبار

ایران آخرین اخبار,ایران سرفصلها

Amazon doesn't expect to get paid for $400 million worth of last quarter's contracts, primarily for AWS, due to coronavirus-led downturn

While some cloud customers pay cash upfront for their contracts, many companies still prefer to pay at the end of the month or year based on the amount they used.

Dan Ives, an analyst at Wedbush Securities, said this trend may not be a big concern yet, but could become more common in the current recessionary environment. The impact could be more pronounced for AWS because Amazon's cloud service is considered to be more popular among cash-sensitive small businesses compared to other cloud providers.

 

از نظر شما متشکرم. نظر شما پس از بررسی منتشر خواهد شد.
این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:

 /  🏆 729. in İR

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

Dettol and Lysol maker saw Q1 sales rise to $4 billion - Business InsiderThe maker of Dettol and Lysol, which hit headlines when Trump falsely said disinfectant injections could fight coronavirus, posted a huge surge in sales Lol are you saying we should eat cakes made from Lysol to fight Cornovirus? obviously -- its a disinfectant and theres a worldwide infection -- not everything is about trump
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »

RBS Q1 earnings: Profits fall by 59 percent, bank sees further losses - Business InsiderRBS said it expects to take a hit of about $1 billion to stem potential losses from the coronavirus pandemic, as its first quarter profits fell 59%.
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »

The US blacklisted five Amazon websites as 'notorious markets' - Business InsiderThe Trump administration blacklisted 5 overseas Amazon websites as 'notorious markets' and Amazon says it's political bullying waw palanya glowing syekali sampe gagal fokeus ku menatapnya..... Is protecting people from your crimes bullying, amazon? Bullying of the richest company on earth - who refuses to take any responsibility for counterfeit selling of products on their platform.
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »

Amazon Web Services generated over $10 billion in quarterly revenue - Business InsiderAmazon Web Services saw a slowdown in quarterly growth, although it still has a larger cloud market share than rivals Microsoft and Google Cloud.
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »

Amazon CFO describes gut-wrenching COVID-19 experience thanks workers - Business InsiderAmazon's CFO spent the first 5 minutes of Thursday's earnings call describing the 'gut-wrenching' business environment caused by COVID-19.
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »