Amazon (Nasdaq: AMZN) plunged sharply after announcing its Q1 FY22 post-market hours which came in much below expectations and to the disappointment of many investors. Despite announcing an increase in Prime membership recently (monthly rate is now up from USD 12.99 to USD 14.99 and annual cost is up from USD 119 to USD 139) and effecting it in February this year, the e-commerce giant has not been able to see a meaningful uptick in the results as operating income continues to underperform market expectations. let’s take a look at the press release summary in a single glance before we look at each segment more closely. Source: Amazon Inc Financial Earnings Q1 FY22 Based on each of the financial metrics shown, the company seems to be having serious trouble in the first quarter as all operating income, operating cash flow and free cash flow all retreating quite significantly when compared to the same period last year....