A strong Christmas business and booming Cloud Services Amazon have brought a glossy financial statements. In the fourth quarter, revenues climbed compared with the prior-year figure by 20 percent to 72.4 billion dollars.
As the Online retail giant on Thursday after U.S. market close in Seattle, announced in the state of Washington, grew net profit by almost 60 percent to 3.0 billion dollars, although Amazon had benefited in the previous year, from a high tax credit. The group of Tech-billionaire Jeff Bezos continues its upward trend and has already delivered in the third quarter of the year record result in succession.
Amazon has benefited around the Christmas season, especially in North America by the flourishing trade that caused the revenue to rise sharply online. In addition, you can rely more on the lucrative business with IT services and storage space on the Internet. In the case of Amazon’s Web platform to AWS, the Cloud Services sold to commercial, increased revenue by 45 percent to $ 7.4 billion.
The quarterly figures exceeded the expectations of Wall Street is clear, however, the market reaction was initially the behavior and the share price came after trading hours temporarily into the red. Investors miss the sales forecast for the current quarter fell.
Mini-speakers as best seller
Amazon noted revenues of between 56 billion and $ 60 billion and thus fell short of analysts ‘ forecasts. In terms of operating profit, the group expects a result for the quarter to be between 2.3 billion and $ 3.3 billion.
Strong growth there was in the entire past fiscal year 2018: revenues increased by 31 percent to 232,9 billion dollars. The Surplus of 3.0 billion to 10.1 billion dollars even more than tripled.
Amazon CEO Bezos highlighted the success of devices with the voice assistant, Alexa on-Board. The Mini-speaker Echo Dot had been in the Christmas business, the best selling article in the world on the platform. Amazon had already made at the beginning of January for the first time, information on sales of the Alexa-devices and known to have the mark of 100 million products sold cracked. (chk/sda)
Created: 01.02.2019, 02:05 PM
