Amazon CEO Andy Jassy releases his letter to shareholders
1. Amazon's revenue grew 11% YoY to $638B in 2024. 2. AWS revenue increased by 19% YoY, highlighting cloud service growth. 3. Operating income surged 86% YoY, indicating improved profitability. 4. Customer centricity remains core, with record-speed Prime shipping achieved. 5. Investment in AI and infrastructure is critical for future success.