Friday, February 2, 2018

Seattle, WA-Based Amazon 2017 Sales Growth Fabulous ..... 2017 Earnings a Mixed Bag ................................................................................... 4Q 2017 Net Sales Increased 38% Above the 4Q 2016, Even Higher Than the Fabulous 2017 Annual Net Sales Growth of 31% Over Annual 2016 ................................................................................... 4Q 2017 Reported Net Income Was $1.856 Bil, Up a Blistering 148% or $1.107 Bil Above the 4Q 2016 Net Income of $0.749 Bil ................................................................................... However, 4Q 2017 Reported Net Income Includes an Income Tax Benefit Due to the Trump Tax Bill Related to Tax Debt Forgiveness of $0.789 Bil: Absent This Trump Tax Bill Impact, Amazon's 4Q 2017 Net Income Increased By a Much Lower 42% Rather Than By the Reported 148% .................................................................................. 2017 Annual Reported Net Income Was $3.033 Bil, Up 28% or $0.662 Bil Above the 2016 Annual Net Income of $2.371 Bil ................................................................................... However, 2017 Annual Reported Net Income Includes an Income Tax Benefit Due to the Trump Tax Bill Related to Tax Debt Forgiveness of $0.789 Bil: Absent This Trump Tax Bill Impact, Amazon's 2017 Annual Net Income Decreased By 5% or By $0.127 Bil Rather Than Increasing By the Reported 28%