Amazon Reports $43.7 Billion In Sales For Q3, Alexa And Whole Foods Made Huge Contributions

Amazon’s Q3 earnings report revealed that the company’s product sales were worth $43.7 billion. This wasn’t surprising, especially since the merchant giant forecasts huge revenue increases over the coming years. A huge driving force behind the increase in revenue is the Alexa products, which include Echo and Echo Plus. Whole Foods also added a respectable amount to Amazon’s revenue.

According to Amazon, Q3 sales are up by 34 percent compared to last year. A lot of this is thanks to the addition of Whole Foods’ revenue of $1.3 billion. Without it, the sales would only have gone up 29 percent, which is still respectable.

The real star of the report, however, is the devices that have Alexa integrated or installed. According to Amazon CEO Jeff Bezos, the company’s performance is only going to get better.

"In the last month alone, we’ve launched five new Alexa-enabled devices, introduced Alexa in India, announced integration with BMW, surpassed 25,000 skills, integrated Alexa with Sonos speakers, taught Alexa to distinguish between two voices, and more. Because Alexa’s brain is in the AWS cloud, her new abilities are available to all Echo customers, not just those who buy a new device,” Bezos said. “And it’s working — customers have purchased tens of millions of Alexa-enabled devices, given Echo devices over 100,000 5-star reviews, and active customers are up more than 5x since the same time last year. With thousands of developers and hardware makers building new Alexa skills and devices, the Alexa experience will continue to get even better.”

As Engadget notes, many of Amazon’s hardware and software products have seen major upgrades. Even the Kindle Oasis and the Fire Tablet are seeing major improvements. It’s clear that Amazon is investing in making its products the most technologically capable options in the market while still making them accessible to more people.