Its operating income decreased to 4.9 billion dollars in the third quarter, compared with 6.2 billion dollars in third quarter 2020.
Net income decreased to 3.2 billion dollar in the third quarter, or 6.12 dollars per diluted share, compared with 6.3 billion dollars, or 12.37 dollars per diluted share, in third quarter 2020.
Its operating cash flow decreased 1 percent to 54.7 billion U.S. dollars for the trailing twelve months, compared with 55.3 billion dollars for the trailing twelve months ended Sept. 30, 2020.
Amazon's common shares outstanding plus shares underlying stock-based awards totaled 523 million on Sept. 30, 2021, compared with 518 million one year ago.
According to Amazon, its net sales in the fourth quarter are expected to be between 130.0 billion U.S. dollars and 140.0 billion dollars, or to grow between 4 percent and 12 percent compared with fourth quarter 2020.
"In the fourth quarter, we expect to incur several billion dollars of additional costs in our consumer business as we manage through labor supply shortages, increased wage costs, global supply chain issues, and increased freight and shipping costs," said Amazon CEO Andy Jassy.
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