Contrary to forecasts, in the second quarter, Amazon recorded profit growth due to the development of the cloud unit
In the second quarter of this year, Amazon’s largest online retailer made a profit that exceeded all expectations. Net income in April-June 2015 reached $ 92 million, or $ 0.19 per share. The company's revenue increased by 20% and reached $ 23.2 billion. In the same period last year, a net loss of $ 126 million was recorded. The company's operating profit reached $ 464 million compared with a loss of $ 15 million in 2014.
According to analysts, Amazon should have received a net loss of $ 0.14 per share on revenue of $ 22.4 billion. Until the IV quarter of last year, revenue increased by 20%. By the end of the first quarter of 2015, growth slowed to 15%. In addition, there were losses against the background of a large amount of investment received by the company.
The operating profit of the cloud division of Amazon Web Services compared with last year ($ 77 million) increased by 407% and reached $ 391 million. The division's revenue in April-June increased by 81% to $ 1.82 billion. In the Amazon Web Services over the past quarter, 350 new features and services. A training site has opened for AWS Educate cloud users.
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During the quarter, Amazon launched several new Internet services. Among them is the Amazon Business e-commerce portal, as well as a special version of the main Amazon site for Mexico. In addition, the company has released a voice controlled Amazon Echo device. It broadcasts weather and news, plays music from Amazon Music , answers questions and keeps lists of to-do and shopping.
According to the company's forecast, revenue in the III quarter will be $ 23.3-25.5 billion compared with $ 20.6 billion a year earlier. Economists polled by Thomson Reuters suggest that the figure will be $ 23.89 billion.
Amazon shares in additional trading on Thursday went up by 17%. Since the beginning of this year, their value has increased by more than 50%. The company's capitalization has reached $ 265 billion, Reuters reports . Thus, Amazon has become the most expensive online retailer, beating Walmart with a capitalization of $ 234 billion.
Megamind wrote that in honor of its twentieth anniversary, Amazon had an unprecedented sale. July 15, users ordered 398 products per second. Prime Day's retailer sales exceeded the 2014 Black Friday results by 18%. And compared with Prime Day last year, the number of orders increased by 266%.
According to analysts, Amazon should have received a net loss of $ 0.14 per share on revenue of $ 22.4 billion. Until the IV quarter of last year, revenue increased by 20%. By the end of the first quarter of 2015, growth slowed to 15%. In addition, there were losses against the background of a large amount of investment received by the company.
The operating profit of the cloud division of Amazon Web Services compared with last year ($ 77 million) increased by 407% and reached $ 391 million. The division's revenue in April-June increased by 81% to $ 1.82 billion. In the Amazon Web Services over the past quarter, 350 new features and services. A training site has opened for AWS Educate cloud users.
')
During the quarter, Amazon launched several new Internet services. Among them is the Amazon Business e-commerce portal, as well as a special version of the main Amazon site for Mexico. In addition, the company has released a voice controlled Amazon Echo device. It broadcasts weather and news, plays music from Amazon Music , answers questions and keeps lists of to-do and shopping.
According to the company's forecast, revenue in the III quarter will be $ 23.3-25.5 billion compared with $ 20.6 billion a year earlier. Economists polled by Thomson Reuters suggest that the figure will be $ 23.89 billion.
Amazon shares in additional trading on Thursday went up by 17%. Since the beginning of this year, their value has increased by more than 50%. The company's capitalization has reached $ 265 billion, Reuters reports . Thus, Amazon has become the most expensive online retailer, beating Walmart with a capitalization of $ 234 billion.
Megamind wrote that in honor of its twentieth anniversary, Amazon had an unprecedented sale. July 15, users ordered 398 products per second. Prime Day's retailer sales exceeded the 2014 Black Friday results by 18%. And compared with Prime Day last year, the number of orders increased by 266%.
Source: https://habr.com/ru/post/292976/
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