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.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
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.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »
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 …
Fonte: Variety - 🏆 108. / 63 Consulte Mais informação »
'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.
Fonte: cnni - 🏆 326. / 59 Consulte Mais informação »
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.
Fonte: economics - 🏆 71. / 68 Consulte Mais informação »
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.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »