“Amazon recorded $35.75 billion in sales in last year’s final three months, up from $29.3 billion in the year-earlier period. Analysts, however, were expecting $36 billion in sales and net income of $754 million, or $1.56 a share. For the year, Amazon reported sales of $107 million, topping the $100 million mark for the first time in its history.”
–“Amazon Reports Best-Ever Earnings But Still Disappoints”; The WSJ (1/28/2016)
You don’t see it very often — and I doubt it will go uncorrected for long — but at least right now The Wall Street Journal’s online story regarding Amazon’s latest quarterly earnings is off by $100 billion (they used “million” instead of “billion” for the company’s annual sales).
Clearly, the Journal was rushing to file the story (posted at 4:30 p.m. Eastern).
Update: And . . . they got it; here’s the just-posted correction:
Corrections & Amplifications
Amazon reported annual sales of $107 billion, topping the $100 billion mark for the first time in its history. An earlier version incorrectly reported the amounts in millions.
