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Amazon surprised with a profit of 2.5 billion dollars (2.13 billion euros) during the last quarter. In addition to booming Internet commerce, this has continued to be ensured by strong activity with cloud services. Amazon also defines the image of a company that can do little or no profit. In the same quarter of the previous year, the largest online retailer in the world had earned $ 197 million
. The surprisingly high profit generated significant gains in the aftermarket. Outside opening hours, trade has increased by more than three percent to reach the best value of 1866 dollars. For this course, Amazon was worth more than the top ten Dax companies combined. On Thursday, Amazon's share price lost just under 3% in regular trading because of the weakness of all technology stocks due to Facebook's disappointing numbers.
The world's second most valuable company
In 2018 alone, the stock market value of the company has so far increased by more than half to $ 877 billion. This makes the online retailer the second publicly traded company in the world after Apple.
With the rise of Amazon, founder and CEO Jeff Bezos became the richest man in the world. Its badets, which consist mainly of the company's shares, according to a statement from the Bloomberg news agency is about $ 149 billion. At the same time, Amazon comes because of the role of the founder in the views of US President Donald Trump. Bezos is privately owned by the Washington Post, which often reports critically on Trump. Among other things, the President accused Amazon of not paying enough for the US Post
Thriving IT Services
Amazon, the world's largest online retailer, continues to benefit from a thriving and thriving e-commerce flourishing IT services. The turnover and profits rose again significantly in the second quarter – just in terms of profit, Amazon surprised positively. Sales figures were somewhat disappointing. The title, which has been booming for a while, has gained 2% after hours of opening.
Amazon's quarterly business turnover jumped 39% to $ 52.9 billion between April and late June. announced. As a result, revenue growth was not as strong as at the beginning of the year. The experts had also forecast slightly higher incomes.
Strong cloud industry
In addition, growth in the three months from July to the end of September is expected to slow slightly further. For the third quarter, Amazon's boss, Jeff Bezos, is targeting sales between $ 54 billion and $ 57 billion, an increase of 23 to 31 percent over the previous year. Here too, Amazon is below the current estimate of the experts.
In the cloud, sales of Amazon Web Services in the last quarter also climbed 49% to $ 6.1 billion.
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