Amazon.com's sales grew from $148 million in 1997 to $610 million in 1998, a 313% increase.
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 second judge would not resolve this claim; the verdict shown is the first judge's.
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
Judged against Amazon's audited annual net sales in its 1998 10-K, applying any restatement. True: net sales were about $148m in 1997 and about $610m in 1998 (each within about ±1% for rounding), and the growth was about 313% (309–317%). Mostly true: one figure slips by up to 3%, or the percentage is slightly off, but the overall picture holds. Mostly false: the figures differ by more than 3% but are of the same order. False: the figures are substantially wrong.
Set before the research began.
Evidence (1)
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E1 Amazon.com Announces Financial Results for Fourth Quarter 1998 Amazon.com, Inc. (press.aboutamazon.com) · 26 January 1999 Own record
“Net sales for fiscal 1998 were $610.0 million, a 313 percent increase over net sales of $147.8 million reported for fiscal 1997.”
Reasoning
Amazon's official Q4 1998 results release [E2] gives fiscal 1998 net sales of $610.0 million and fiscal 1997 net sales of $147.8 million, and calls this a 313 percent increase. Both figures are within rounding of the claimed $148m and $610m. The implied growth is about 312.7%, which falls inside the 309–317% range. No 10-K or restatement is in the evidence, so the verdict rests on the company's own dated official earnings announcement.
Cite this claim
Jeff Bezos, “Amazon.com's sales grew from $148 million in 1997 to $610 million in 1998, a 313% increase.” (said 1999). Verdict: resolved true. Reliability API, claim c_1b1e36b422ad, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_1b1e36b422ad
This claim is in dataset release v1.1.2, with the same verdict.
Reply to this claim
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Verdicts are made automatically; how verdicts are made.