Amazon hit by strengthening dollar, underscoring risks in tech to overseas reliance
1. Amazon expects a major foreign exchange impact in Q1 results. 2. Projected revenue growth for Amazon is only 5% to 9%. 3. Strengthening dollar affects overseas revenues for major tech firms. 4. Amazon's international sales account for only 23% of total revenue. 5. Other tech companies also warned of similar foreign exchange headwinds.