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CEO Andy Jassy’s 2024 Letter to Shareholders

CEO Andy Jassy’s 2024 Letter to Shareholders
April 10, 2025



Aside from the monetary effects, we made our shoppers’ lives meaningfully higher and more uncomplicated. In our Shops trade, we considerably expanded variety, persisted decreasing costs (unbiased analysis company, Profitero, discovered Amazon the lowest-priced on-line U.S. Store for the 8th yr in a row), and for the second one yr in a row, we shipped at report velocity to our High individuals. AWS introduced a slew of recent infrastructure and AI products and services that make it even more uncomplicated to construct exceptional buyer reports, together with our newest customized AI silicon (Trainium2), a brand new set of frontier basis fashions in Amazon Nova, and demanding growth of to be had fashions and contours in our main Generative AI (“GenAI”) products and services Amazon SageMaker and Amazon Bedrock. High Video persisted to provide compelling authentic displays, together with new seasons for Fallout, Reacher, The Boys, and The Lord of the Rings: Rings of Energy, films like Street Area, The Concept of You, and Crimson One, reside sports activities like Thursday Night time Soccer and UEFA Champions League in Europe (with the NBA and NASCAR coming in 2025), and new variety, highlighted through Apple TV+ becoming a member of High Video Channels. We introduced a sequence of recent Kindle units that incorporated a brand new colour model, a bigger Scribe possibility, and our quickest Paperwhites ever (the selection of which drove the very best Kindle unit gross sales for a unmarried quarter in over a decade). And, we persisted so as to add extra variety, value transparency, and similar day delivery for Amazon Pharmacy.

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