Amazon's Wide Profit Forecast Shows Real Uncertainty, Not Caution

Amazon's profit forecast for Q2 is enormous: $13 to $17.5 billion. That $4.5 billion gap signals genuine risk, not padding. Tariffs on seller goods, timing of cloud deals, and currency swings make precise prediction impossible. The floor means earnings may fall versus last year; the ceiling means strong growth. Advertising and cloud margins will decide the outcome.