Welcome to WebmasterWorld Guest from 3.93.75.30

Forum Moderators: buckworks

Message Too Old, No Replies

Amazon Reports Q2 Sales up 23% to $19.34 Billion

     
11:03 am on Jul 25, 2014 (gmt 0)

Administrator from GB 

WebmasterWorld Administrator engine is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:May 9, 2000
posts:26309
votes: 1026


Sales are up, but those losses seem larger than i'd have expected. There's talk that there's downward pressure on profitability for AWS.

Net loss was $126 million in the second quarter, or $0.27 per diluted share, compared with net loss of $7 million, or $0.02 per diluted share, in second quarter 2013.

“We continue working hard on making the Amazon customer experience better and better,” said Jeff Bezos, founder and CEO of Amazon.com. “We’ve recently introduced Sunday delivery coverage to 25% of the U.S. population, launched European cross-border Two-Day Delivery for Prime, launched Prime Music with over one million songs, created three original kids TV series, added world-class parental controls to Fire TV with FreeTime, and launched Kindle Unlimited, an eBook subscription service. For our AWS customers we launched Amazon Zocalo, T2 instances, an SSD-backed EBS volume, Amazon Cognito, Amazon Mobile Analytics, and the AWS Mobile SDK, and we substantially reduced prices. And today customers all over the U.S. will begin receiving their new Fire phones — including Firefly, Dynamic Perspective, and one full year of Prime — we can’t wait to get them in customers’ hands.” Amazon Reports Q2 Sales up 23% to $19.34 Billion [phx.corporate-ir.net]
1:41 pm on July 25, 2014 (gmt 0)

Full Member

10+ Year Member

joined:Aug 31, 2006
posts:317
votes: 0


Seems investors are finally getting uneasy about continued losses. Amazon has had free range for way too long now, something needs to change and will change.
6:42 am on July 26, 2014 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:June 25, 2007
posts:1111
votes: 9


Honestly, the thing that has made me scratch my head the most, was the whole 'UAV delivery' thing. To me, when companies start talking about crazy stuff like that, it's a major sign that the train has come off the track.
6:11 pm on July 30, 2014 (gmt 0)

Full Member

5+ Year Member

joined:Dec 21, 2010
posts:212
votes: 0


I think Amazon has a lot of flaws in it's retail business model, but the UAV IMO was actually a good sign, showing some innovation. A few years ago, people would have thought Google was crazy to try and photograph every street in North America as well.
 

Join The Conversation

Moderators and Top Contributors

Hot Threads This Week

Featured Threads

Free SEO Tools

Hire Expert Members