Amazon.com's sales grew to $2.76 billion in 2000 from $1.64 billion in 1999.
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?
Said for an organisation they lead or work for; it counts on both records.
What would count as true or false
True if Amazon's 2000 10-K or annual report shows net sales of about $2.76 billion in 2000 and about $1.64 billion in 1999 (each within ±$0.01 billion when rounded). Mostly true if both figures are within 2% of the stated values. Mixed if one figure matches and the other differs by more than 2%. Mostly false if both figures differ by 2–10% but sales did grow. False if either figure differs by more than 10% or sales did not grow. Any formal restatement governs.
Set before the research began.
Evidence (4)
-
E1 d10k405.txt U.S. Securities and Exchange Commission (Amazon.com, Inc. Form 10-K for fiscal year ended December 31, 2000)
“Net sales............... $2,761,983 $1,639,839 $ 609,819 $147,787 $15,746”
-
E2 1,300 Layoffs at Amazon Internet News (InternetNews.com) · 31 January 2001
“For the year ended Dec. 31, 2000, net sales were $2.76 billion, a 68 percent increase over 1999 net sales of $1.64 billion.”
-
E3 Amazon.com Expects Pro Forma Operating Profitability in Fourth Quarter 2001 Amazon.com, Inc. (press release) · 30 January 2001 Own record
“For the year ended December 31, 2000, net sales were $2.76 billion, a 68 percent increase over 1999 net sales of $1.64 billion.”
-
E4 2 0 0 1 ANNUAL REPORT - IIS Windows Server Amazon.com, Inc. (2001 annual report) Own record
“Net sales were $3.12 billion, $2.76 billion and $1.64 billion for 2001, 2000 and 1999, respectively,”
Reasoning
Amazon's 2001 annual report gives net sales of $2.76 billion for 2000 and $1.64 billion for 1999 (E4). A contemporaneous independent news report gives the same figures and describes the change as a 68 percent increase (E2). Amazon's January 2001 press release matches both figures (E3). The 10-K net sales row of $2,761,983 and $1,639,839 is consistent with them, though the quoted row does not label its columns by year (E1). Both figures fall within ±$0.01 billion of the stated values, and sales grew.
Cite this claim
Jeff Bezos, “Amazon.com's sales grew to $2.76 billion in 2000 from $1.64 billion in 1999.” (said 2001). Verdict: resolved true. Reliability API, claim c_d45b1ddaa56e, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_d45b1ddaa56e
This claim is in dataset release v1.1.2, with the same verdict.
Reply to this claim
More factual claims by Jeff Bezos
-
Mixed
“But we did get a couple of life saving drugs.”
-
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.”
-
Resolved true
“Amazon stock in a very short period of time went from $113 a share to $6 a share.”
-
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.”
-
Resolved true
“Our net income in 2020 was $21.3 billion.”
Verdicts are made automatically; how verdicts are made.