Current location:style >>
Amazon reports strong 1Q results driven by its cloud
style2People have gathered around
IntroductionNEW YORK (AP) — Amazon on Tuesday reported strong results for the first quarter, driven by growth in ...
NEW YORK (AP) — Amazon on Tuesday reported strong results for the first quarter, driven by growth in its cloud-computing unit and new advertising dollars from its Prime Video streaming service.
The Seattle-based e-commerce giant said it brought in $143.31 billion in revenue in the first three months of this year, a 13% jump compared to the same period last year. Net income came out to $10.43 billion, or 98 cents per share. That soundly beat Wall Street analysts’ expectations for 84 cents a share, according to FactSet.
“It was a good start to the year across the business, and you can see that in both our customer experience improvements and financial results,” Amazon CEO Andy Jassy said in a statement.
The nation’s biggest online retailer is coming off better-than-expected results for the holiday shopping period, when it saw strong consumer spending aided by discounts and faster shipping speeds. Amazon held another discount event in late March, right before the end of the first quarter.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Earthly Elements news portal”。http://barbados.spaceforanything.com/html-01e499580.html
Related articles
Grant Shapps vows he WILL find more planes for mass parachute drop to mark 80th anniversary of D
styleGrant Shapps today vowed to find more planes for a mass parachute jump to mark the 80th anniversary ...
【style】
Read moreKenyan president confirms military chief's death in plane crash
styleNAIROBI, April 18 (Xinhua) -- Kenyan President William Ruto confirmed that military chief Francis Og ...
【style】
Read moreA dazzling legacy
styleFew jewellery collections could rival that of Queen Elizabeth II.The late monarch, who would have ce ...
【style】
Read more
Popular articles
- Young Boys seals 6th Swiss soccer league title in 7 years after rallying from firing coach Wicky
- Polish voters choose mayors in hundreds of cities in runoff election
- America's 'most disappointing' tourist attraction is getting a $550M makeover
- Jokic is trying to stay on top and Embiid is trying to stay on the court
- Climber found dead on Denali, North America's tallest peak
- UK sanctions Iran's leading military figures, entities
Latest articles
Red Lobster seeks bankruptcy protection after closing some restaurants
Lauren Sanchez 'begged Kellyanne Conway for help with her public image when they met at a party'
Cher, Ozzy Osbourne among 2024 Rock & Roll Hall of Fame inductees
Dakota Joshua scores 2 goals to help lift Canucks past Predators 4
Trump accepts a VP debate but wants it on Fox News. Harris has already said yes to CBS
Ship which defied Nazi U
LINKS
- JAN MOIR: Why JK Rowling SHOULDN'T forgive the weaselly band
- U.S. dispatches general in charge of the Middle East to F
- The abandoned villa in Italy where Edward VII's mistress, Alice Keppel liked to sun herself
- Archbishop of Canterbury says Kate Middleton conspiracy theories are nothing more than 'old
- 'It has taken us time to explain to George, Charlotte and Louis
- Meghan Markle purchased pair of £1990 diamond earrings from Dragons' Den hopefuls
- Princess Beatrice and Edoardo Mapelli Mozzi are all smiles as they join his mother
- Lady Tatiana Mountbatten
- Hong Kong gov't contacts police over satirical fake press release congratulating porn star
- From gadget king to royal Luddite