Product mix could go either way depending on the country.But as this COVID has played out, consumables and grocery, which are lower margin, have been a negative impact on gross margin. Please proceed with your question.Thanks. Amazon stock is trading at $3,000, which means it has risen 60% in 2020, easily crushing broader market returns. The largest portion of these costs related to compensation for our frontline employees, including higher hourly wages through the end of May and a more than $500 million thank you bonus in June.We also experienced productivity headwinds in our facilities. ET. So I can't break out exactly the Prime impact, but suffice to say, it's a big driver on why 41% growth in Q2 turns into 24% to 33% growth in Q3 on what turns out to be higher revenue volume. Let me start with that second one. Tensions have been growing between Amazon and warehouse workers nationwide, with employees claiming the company hasn't done enough to protect them from catching the coronavirus. "As online orders continue to roll in, the company faces another challenge inside its warehouses. But from our vantage point, the Prime members still continue to order more frequently and in larger basket sizes.Yeah. Advertising is growing, so that's a good source of profitability.But if you look at what happened in Q2, it was essentially just the much higher volumes than we had anticipated or had on a run rate. I know you've disclosed the backlog has been improving in the filings, but a little more color on AWS would be certainly helpful. And, hopefully, it'll be less noticeable for our consumer base. They have larger basket sizes. Q2 2020 Earnings and Revenue Expectations. Just to add to that, I think Prime is such a big focus, and some of the growth statements that Brian talked about at the opening of the call, whether it was strength in Prime membership and the acceleration we saw in the U.S. or worldwide or some of the usage stats like the grocery momentum or the doubling of video hours, for us, it's just another encouraging sign.We think there's still a lot more value we can add to that program. A couple of questions.

Investing Basics And perhaps just talk about the backlog. We want to hear from you.Sign up for free newsletters and get more CNBC delivered to your inboxGet this delivered to your inbox, and more info about our products and services. The first one, Brian, is going back to the investments. The market expects Amazon (AMZN) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2020.

In international, aggregate does not matter that much.And what I would say is, generally, what we're seeing is similar trends international in response to COVID purchasing patterns. Please proceed with your question.Great. One- and two-day shipping have since recovered somewhat but are "probably considerably behind the going in rate before any of this happened," Olsavsky said on a call with analysts.

Thank you … Got a confidential news tip?

So in the AWS segment revenue, what we see are companies are working really hard right now to cut expenses, especially in the more challenged businesses like hospitality and travel but pretty much across the board.We're helping them. Please proceed with your questions.Thanks for taking my questions. We expect to incur more than $2 billion in COVID-related expenses in Q3 to help keep employees safe, including continued investment in social distancing, PP&E and testing. Amazon (NASDAQ:AMZN) is scheduled to announce Q2 earnings results on Thursday, July 30th, after market close. And I'm kind of being facetious, obviously, when I asked that. Gross margin for the quarter was 40.8% and was down 200 basis points from last year.

Thanks for your question. Bezos says he expects the company to spend at least another $2 billion worth of operating income on COVID-related expenses in Q3. The company knows plenty about what its customers want to buy, or don’t want to buy, and so its advertising business continues to pay dividends. We've already created the capacity to be able to ship. So our fixed costs were leveraged to the hilt. Good day, everyone, and welcome to the Amazon.com Q2 2020 financial results teleconference. And we've seen the one-day and two-day recovery through the quarter, but it's still probably considerably behind the going rate before any of this happened.So we'll continue to work on that. Starting with that second one. Thanks for your questions, Mark. It really does boil down to short-term versus long-term incentives here for a lot of our customers.If you're in an industry that's been heavily impacted by COVID in the economy, you're looking for ways to save money and you're trying to do a click and we're trying to help in that regard. On the gross margin side, it's very much a mixed bag right now.Before the COVID outbreak, the positives were generally AMZL costs. Thank you.Right.

Please proceed with your question.OK. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.Thank you for standing by. So since then, I would say it's getting closer to what we call a more normal mix. We've had to delay production.I think most studios have. So what were areas where you thought you were going to spend more at the start of the year than you actually have now in the current 2020 plan? See you at the top! This included changes to over 150 of our processes to provide for social distancing, as well as costs to onboard and train over 175,000 new employees who are hired to meet the higher customer demand. During the call, we may discuss certain non-GAAP financial measures.In our press release, slides accompanying this webcast and our filings with the SEC, each of which is posted on our IR website, you will find additional disclosures regarding these non-GAAP measures, including reconciliations of these measures with comparable GAAP measures. Second priority is getting capacity online because we do not have -- in Q2, we generally have lower revenue.And in Q2, like I mentioned, we were able to use the excess capacity that did exist to serve the higher demand.

Returns as of 08/27/2020.