Logo latiendadejm

Logo latiendadejm

jueves, 28 de julio de 2016

Amazon beats earnings expectations

Amazon prime signImage copyright Getty Images

Amazon has reported better-than-expected earnings in the second quarter off the back of growth in its cloud computing unit and Prime membership.


Amazon revenue grew 31% from last year to $30.4bn (£23bn) in the period between April and June.


Profit for the e-commerce giant was $857m compared with $92m in 2015.


Amazon"s Prime membership, which offers extra services including free shipping for an annual fee, saw impressive international growth.


In June, Amazon launched Prime in India to take advantage of the country"s large consumer market.


"It"s been a busy few months for Amazon around the world, and particularly in India – where we launched a new [Amazon Web Services] Region, introduced Prime with unlimited free shipping, and announced that Prime Video is coming soon, offering Prime members in India exclusive access to Amazon Original Series and Movies – including original content featuring top Indian creators and talent," said Jeff Bezos, chief executive of Amazon.


Prime Day, Amazon"s annual promotional shopping festival earlier this month, was the company"s largest ever sales day.


Amazon"s cloud computing unit also spiked. Revenue for Amazon Web Services (AWS), climbed 58.2% to $2.89bn, beating analysts" exceptions of $2.83bn.


Original Article



Amazon beats earnings expectations
http://latiendadejm.com/blog/amazon-beats-earnings-expectations/

| | La tienda de JM

No hay comentarios:

Publicar un comentario