Amazon\n \n ’s sales boomed on strong demand in the second quarter for its wide range of products, from fast delivery for Prime deals to ads, fueling a massive jump in profit from a year ago. Sales grew 11% to $134.4 billion. That’s an increase from $121.2 billion in the second quarter of 2022. The number exceeded analyst predictions of $131.4 billion revenue. The stock surged nearly 10% in after-hours trading.
Last quarter, that segment’s sales rose 16% after a period of slowed growth as cloud users worried about the economy’s health. This quarter’s AWS sales increased 12%, a small slowdown. In the statement, Jassy said “a slew of generative AI releases” has allowed its cloud business to remain a leader, competing with the likes of Google\n \n and Microsoft\n \n . Jassy also added that AWS growth has “stabilized.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fitch tells CNN why it downgraded America now | CNN BusinessFitch Ratings is defending its controversial decision to downgrade the US credit rating by pointing to the nation’s mountain of debt.
Fuente: CNN - 🏆 4. / 95 Leer más »
Amazon Q2 Earnings: Revenue Rises 11% as CEO Touts ‘Strong Demand’ for AdvertisingAmazon sales hit $134.4 billion, up 11%, for the second quarter of 2023, as the ecommerce giant topped Wall Street estimates in a big earnings beat. The company reported income of $6.7 billion for …
Fuente: Variety - 🏆 108. / 63 Leer más »
'Zelda' sales breakout juices Nintendo's aging Switch | CNN BusinessJapan’s Nintendo on Thursday said it sold 3.91 million units of its Switch console in the April-June quarter, exceeding sales in the same period a year earlier, boosted by the runaway success of its latest “Zelda” title.
Fuente: cnni - 🏆 326. / 59 Leer más »
Amazon Provides Strong Sales Forecast on E-Commerce BusinessAmazon.com Inc. gave a sales outlook that topped estimates on a strong performance from its main e-commerce business. The shares rose about 6% in extended trading.
Fuente: economics - 🏆 71. / 68 Leer más »
Apple's sales fall for the third consecutive quarter | CNN BusinessApple said Thursday that its revenue slipped 1% to $81.8 billion for its quarter ending July 1, marking the third consecutive year-over-year drop in quarterly revenue for the world’s most valuable company.
Fuente: CNN - 🏆 4. / 95 Leer más »