Saturday, July 30, 2016

Cloud services drive revenue Amazon – Diario El País

Amazon.com Inc. this week reported a higher than expected rise in sales, driven by strong growth in its cloud services unit and an increase in subscriptions in your program Prime loyalty.

shares of the largest online retailer in the world gained 2% in operations after closing the regular session on Thursday.

Amazon also forecast sales for the current quarter of between US $ 31,000 and US $ 35,500 million million, taking into account income from their annual shopping event Prime Day.

net sales of the company in North America, its largest market, jumped 28.1 percent to US $ 17,670 million.

the income from your business cloud services, Amazon web services, jumped 58.2% to US $ 2,890 million, which exceeded US $ 2,830 average estimates million, according to the firm market research FactSet StreetAccount.

the unit, the fastest growing of the company, is seen as the next engine of expansion Amazon.

net sales increased 31.1% to US $ 30,400 million in the second quarter ended June 30.

Amazon Earnings rose to $ 857 million, or $ 1.78 per share, from US $ 92 million, or US $ 0.19 per share, a year ago.

on average, analysts expected a profit of US $ 1.11 per share and sales of $ 29,550 million, according to Thomson Reuters I / B / E / S. (Reuters)

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