Amazon’s founder, Chairman and CEO Jeff Bezos. Photo: Ted S. Warren / AP
Since the beginning of 2015 has ehandelsjätten Amazon’s share has risen by 55 percent. After the report was published on Thursday, the stock rose 18 percent to $ 567.72 in after the trade.
After the price increase, Amazon has now a bigger market capitalization than the retail giant Wal-Mart. In terms of revenue, however, Wal-Mart is still by far the world’s largest retail companies.
Amazon sold for $ 23.2 billion in the second quarter. A year earlier, sales were $ 19.3 billion.
Amazon founder Bezos Beff is known to pop the money in ever new projects, rather than delivering profits. Among them are flying parcel delivery using drones and mobile phone Fire, which failed to attract customers.
But the result for the second quarter was $ 92 million, or 19 cents per share. A year earlier, Amazon reported a loss of 126 million dollars, or 27 cents per share. The figures for the second quarter was above market expectations, reports the news agency AP.
For the current quarter traces Amazon revenue of between 23.3 and 25.5 billion dollars. Analysts’ expectations have remained at $ 23.8 billion.
The new CFO Brian Olsavsky says the company will continue to control costs while investing “in things that we think are important and substantial”.
According to the report builds profits largely to increased sales and that Amazon’s cloud services for businesses have developed strongly. There are services that are in the server and the client can use from any device that is connected to the network. Amazon headquartered in Seattle recently turned 20 years old.
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