Amazon’s Q3 Earnings: A Decade‑Up‑Big Upswing
Amazon just dropped its latest Q3 revenue numbers and the news is sweeter than a Christmas cookie, because sales jumped to £55.2 bn from £46.1 bn a year earlier – that’s a 20% leap forward. The company’s flagship “Echo” devices have been the life of the party this holiday season.
Alexa’s Holiday Hustle
Jeff Bezos, the man at the helm, noted that Alexa was practically renting out her time during the festive period:
- Echo Dot took the dinner table by storm, becoming the top‑selling gadget worldwide.
- Customers snapped up millions more Echo devices than last year.
- Researchers behind Alexa have doubled the number of scientists working on the voice assistant, fueling an unstoppable creative force.
Behind the Scenes: The Research Ramp‑Up
Those hardworking teams turned their dreams into tangible gains:
- In 2018, Alexa’s ability to interpret requests saw a 20%+ boost thanks to machine learning.
- They added billions of new facts, making Alexa an encyclopedic ally at home.
- Developers churned out over 80,000 Alexa skills (way more than before).
- By the end of 2018, customers engaged with Alexa billions more times than in 2017.
Bezos wrapped it up with a heartfelt note: “We’re energized by your love and promise to keep innovating for you.”
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