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Amazon can become the most valuable company in the world. July 2018 at 23:51 TASR
SEATTLE. Amazon earned $ 2 billion in the first quarter of the year 2018.
Due to the increase in online and up-and-coming revenue from cloud services and advertising
A company that started operations in 1995 online bookstore, has expanded its business beyond online retail to increase profits
The Amazon Web Services division, which provides cloud services to businesses and governments, is a powerful source of income. The advertising division of Amazon has recently become a billionaire company
Facebook shares have experienced the worst day since their entry
Amazon, based in Seattle, for three months to end of June 2018, has increased its net of nearly 13 times, to $ 2.53 billion ($ 2.16 billion), or $ 5.07 per share, compared with $ 197 million or 40 cents / share in the second quarter of 2009. [19659002AnalystsapprovebyFactSetus&#Expect$248pershareoverthelastquarter
Amazon's sales rose 39 percent to $ 52.89 billion in the period under review, but behind analysts' estimates of $ 53.37 billion
North American sales rose 44 percent to $ 32.17 billion, while overseas market revenues increased 27 percent to $ 14.61 billion. Amazon Web Services, a cloud services division, grew 49 percent to $ 6.11 billion.
Amazon's stock price rose slightly more than 3% to $ 1,870.23 soon after the publication of its results. Amazon is approaching the point where the iPhon-Apple maker will advance and become the world's most valuable company
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