Amazon.com has served a cumulative 6.2 million customers as of the end of 1998.
Resolved true The record shows it happened or was so.
Factual: Statements about the present or the past, checked against the record: did they hold up?
The evidence is the person's or their organisation's own records.
Said for an organisation they lead or work for; it counts on both records.
What would count as true or false
True: Amazon's 1998 shareholder letter or annual report/10-K states that cumulative customers served by year-end 1998 were 6.2 million (any figure that rounds to 6.2 million). Mostly true: the official figure is 6.0–6.4 million, or 6.2 million at a slightly different cut-off date in late 1998 or early 1999. Mixed: the figure is 5.5–6.9 million. Mostly false: the 6.2 million figure measures something else (for example active customers or accounts in a different period) and is presented as cumulative customers. False: Amazon's records show a cumulative figure clearly different from 6.2 million (outside 5.5–6.9 million).
Set before the research began.
Evidence (3)
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E1 0000891020-99-000375.txt (Amazon.com, Inc. Form 10-K for the year ended December 31, 1998) U.S. Securities and Exchange Commission (filed by Amazon.com, Inc.)
“The Company had approximately 6.2 million and 1.5 million cumulative customer accounts as of December 31, 1998 and 1997, respectively.”
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E2 0000891020-99-000637.txt (Amazon.com 1998 Annual Report, including shareholder letter) U.S. Securities and Exchange Commission (filed by Amazon.com, Inc.)
“Cumulative customer accounts grew from 1.5 million at the end of 1997 to 6.2 million at the end of 1998 -- an increase of over 300%.”
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E3 Amazon.com Announces Financial Results for Fourth Quarter 1998 Amazon.com, Inc. · 26 January 1999 Own record
“Amazon.com announced that cumulative customer accounts increased by more than 1.7 million during the fourth quarter to over 6.2 million at December 31, 1998, an increase of over 300 percent from 1.5 million customer accounts at December 31, 1997.”
Reasoning
Amazon's Form 10-K for fiscal 1998 says the company had approximately 6.2 million cumulative customer accounts as of December 31, 1998 (E1). The 1998 annual report filed with the SEC says the same: cumulative customer accounts grew from 1.5 million at the end of 1997 to 6.2 million at the end of 1998 (E2). The Q4 1998 earnings release gives a matching figure of over 6.2 million at December 31, 1998 (E3). The filings give the 6.2 million figure as cumulative customer accounts at year-end 1998 [E1][E2][E3], which the report treats as matching the cumulative figure the criteria require for 'true'.
Cite this claim
Jeff Bezos, “Amazon.com has served a cumulative 6.2 million customers as of the end of 1998.” (said 1999). Verdict: resolved true. Reliability API, claim c_012028280240, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_012028280240
This claim is in dataset release v1.1.2, with the same verdict.
Reply to this claim
More factual claims by Jeff Bezos
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Mixed
“But we did get a couple of life saving drugs.”
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Mostly true
“It’s a perfect example that all of that fiber, fiber optic cable that got laid and by the way, the companies who laid all that cable went out of business.”
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Resolved true
“Amazon stock in a very short period of time went from $113 a share to $6 a share.”
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Mostly true
“More than 1.9 million small and medium-sized businesses sell in our store, and they make up close to 60% of our retail sales.”
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Resolved true
“Our net income in 2020 was $21.3 billion.”
Verdicts are made automatically; how verdicts are made.