Amazon warns on trade war hit as profit outlook misses forecasts

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Amazon warned of the impact of Donald Trump’s global trade war and issued weaker guidelines for the second quarter, as the e -commerce giant wrestlers with a very slope tariff.

The Seattle -based group said on Thursday that it expects operating income between 13 billion dollars and $ 17.5 billion in the current quarter. This is compared to 14.7 billion dollars a year ago, but it did not say that Wall Street, which amounted to $ 17.7 billion.

In financial guidance, Amazon added “tariffs and trade policies” to the list of factors that pose a threat to its profits.

CEO Andy Jassi told investors that the company was in a good position to overcome the storm and participated in buying stocks forward before the Trump administration this month, which imposes a tariff on Chinese imports by up to 145 percent.

“We have not seen any suspicion of the request yet,” he said, and this average selling prices has not increased significantly by definitions. “There will be a lot of sellers [will] He decided to transfer these higher costs for consumers. “

Amazon negotiates highly slope discounts with sellers and seeks to wet the effect of definitions. It imports nearly a quarter of the elements that you sell from China.

Goldman Sachs analysts said before Amazon’s results that the fees could expel $ 5 billion-10 billion dollars of the company’s operating company this year, depending on how to play the trade war. This will be a great success from 6 to 12 percent over 79.2 billion dollars in the fiscal year that Wall Street expects.

Amazon also expected sales sales in the current quarter between 159 billion dollars and 164 billion dollars, with the rates of analysts amounting to 161.4 billion dollars.

The shares of the company decreased by 2.3 percent in trading after working hours in New York, after the regular session was closed by 3.1 percent.

Amazon’s revenue in March increased by 9 percent year on an annual basis to $ 156 billion, overcoming estimates of $ 155 billion, according to unanimity estimates of the S&Gible Alpha.

The vast e -commerce platform in the group continued to grow in the first quarter. The net sales in the online retail department increased by 5 percent from last year.

This week, the Amazon stopped centuries with the United States government after it appeared that its low -cost transport platform had discussed the inclusion of import fees for consumer products, in a similar step for the Chinese competition TEMU.

The distances that ship the goods from warehouses in China will be affected by removing the tax exemptions of the goods of less than $ 800, from May 2.

White House journalist Caroline Levitte said on Tuesday that the proposals were “hostile and political” by Amazon. The group walked publicly on the proposal after Trump spoke with its founder, Jeff Bezos.

The clouds of the Amazon, the largest profit contributor, was lost with a little difference, but continued to show the signs of strong growth. Sales in Amazon Web Services, which runs databases and provides customer software tools, increased by 17 percent to $ 29.3 billion, but they were estimated at a consensus of $ 29.4 billion.

The company spent $ 24.3 billion on capital spending in the first quarter, an increase of $ 13.9 billion in the previous year. It plans to spend $ 100 billion in Capex this year, and direct most of its investments towards artificial intelligence initiatives.

Gasi said that the new semiconductor chips from NVIDIA and Amazon’s Own Trierum 3 will land in the coming months, but the company has faced restrictions on the database capacity due to the lack of motherboard and other components.

Revenue from the company’s rapidly growing advertising increased by 18 percent to $ 13.9 billion.