Amazon starts with a record in the new year

thanks to the booming Internet trade and the booming of Cloud services is started Amazon with record profits into the fiscal year. In the first quarter, Income grew in the year, and surprisingly strong 125 percent to $ 3.6 billion, as Amazon announced on Thursday after US stock exchange conclusion. So much deserved the world dealer largest online never per quarter.

revenue rose by 17 percent to $ 59.7 billion. This is a neat Plus, and in line with market expectations, however, Amazon delivered the fourth quarter, sometimes significantly, abflauendem sales growth in a row. The major part of its revenue, the group achieved more with the Internet trade in the home market of North America. However, other divisions of throw, in the meantime, good money.

In the direction of the trillion brand

So Amazon's recorded lucrative business with IT services, and storage space in the network strong growth. The Web-platform to AWS, the Cloud Services sold to commercial, increased revenue by 41 percent to 7.7 billion dollars. The operating profit of the production division, which climbed 59% to 2.2 billion dollars. Also in the business with Online advertising Amazon.

in Addition, the group of star entrepreneurs, Jeff Bezos, and its output to the joy of investors made earlier, often nervous, in the meantime, great progress, keep the cost in the rudder. In the past quarter, spending climbed only 12.6 percent for Amazon's conditions, an unusually low value.

For the current quarter of the year is the company from a revenue increase of 59.5 to 63.5 billion dollars. Investors reacted positively to the numbers on the quarter, the share was recorded after trading hours, however, only a slight increase. The share price has risen so far this year, but by around 24 percent, with a market value of about 936 billion Dollar Amazon is moving again in the direction of the magic trillion mark. (roy/SDA)

Created: 26.04.2019, 04:24 PM