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.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
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.
Herkunft: CNN - 🏆 4. / 95 Weiterlesen »
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 …
Herkunft: Variety - 🏆 108. / 63 Weiterlesen »
'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.
Herkunft: cnni - 🏆 326. / 59 Weiterlesen »
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.
Herkunft: economics - 🏆 71. / 68 Weiterlesen »
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.
Herkunft: CNN - 🏆 4. / 95 Weiterlesen »