Beaten expectations: Amazon announces profit increase – Amazon shares with Kursplus | message

Amazon surprised with a profit of 2.5 billion dollars (2.1 billion euros) in the last quarter. In addition to booming Internet commerce, strong activity with cloud services has ensured this. Amazon also defines the image of a company that can do little or no profit. In the same quarter of the previous year, the world's largest online retailer had earned $ 197 million.

Surprisingly high earnings led to significant gains. Residual trade increased by more than three percent to reach its best of $ 1,866. For this course, Amazon was worth more than the top ten combined DAX companies. On Thursday, Amazon's share had lost just under three percent in regular trade because of the weakness of all technology stocks due to disappointing Facebook numbers.

Amazon paper has been on a high-altitude flight for years. For the year 2018 alone, the value of the company's value has increased by more than half, reaching about 880 billion dollars (755 billion euros). This makes the online retailer the second publicly traded company in the world after Apple.

With the rise of the Amazon, founder and CEO Jeff Bezos became the richest man in the world. Its badets, consisting primarily of the company's stock, rise to about $ 149 billion, according to a Bloomberg agency statement. At the same time, because of the role of the founder, Amazon is also the target of US President Donald Trump . Bezos privately owns the "Washington Post", which often reports critically on Trump. Among other things, the president has accused Amazon by tweets of not paying enough for the US Post.

Amazon, the world's largest online retailer, continues to benefit from the growth of e-commerce and thriving IT services. The turnover and profits rose again significantly in the second quarter – Amazon was positively surprised by the profit. Sales figures, on the other hand, disappointed a bit. The stock, which has been rising for some time, rose by 2.77% to 1.857.66 shortly after the start of operations.

Amazon's quarterly business turnover jumped 39% to 52.9 between April and late June. Billions of dollars (45.22 billion euros), as announced the company Thursday in Seattle. As a result, revenue growth was not as strong as at the beginning of the year. In addition, experts expected a little higher yields.

In addition, growth over the three months from July to the end of September is expected to slow down somewhat. For the third quarter, the boss of Amazon, Jeff Bezos, is targeting a turnover of between 54 and 57 billion dollars, an increase of 23 to 31% over the previous year . Here too, Amazon is under the current estimate of the experts.

In the cloud, sales of Amazon Web Services in the last quarter increased at the same time 49% to 6.1 billion US dollars

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SEATTLE (dpa-AFX)

Sources of images: Annette Shaff / Shutterstock.com, Ken Wolter / Shutterstock.com, Jonathan Weiss / Shutterstock.com