The world’s largest online retailer Amazon has finished another quarter with record results. For the U.S. company, an occasion, an ambitious goal.
Prime customers should receive their ordered goods within a day
The booming Internet trade and the business of cloud Cloud have the profit of the US company Amazon let this go the beginning of the year. In the first quarter, the Surplus compared to last year grew by 125 percent to $ 3.6 billion (3.2 billion euros), as the industry leader, according to U.S. stock exchange announced conclusion. As much as the online retailer had earned in a quarter.
Cloud and subscription services are going well
The revenue of the technology giant rose by 17 percent to $ 59.7 billion, and surpassing the expectations of most analysts. The majority of its revenue, the group achieved more with the Internet trade in the home market of North America. However, other lines of business to develop lucrative. So Amazon continues to benefit strongly from the Cloud business, in the companies or private individuals, services such as storage space or Software over the Internet are offered.
Alone, sales of the Cloud business, grew by around 40 percent to 7.7 billion dollars. The sales of the subscription services, the group grew to 4.3 billion dollars, and also approximately 40 percent.
Amazon CEO Jeff Bezos is pursuing ambitious goals (archive image)
In addition, the company of Jeff Bezos, whose edition of the joy of investors made earlier, often nervous, in the meantime, great progress, keep the cost low. In the past quarter, spending climbed only 12.6 percent for Amazon’s conditions, an unusually low value.
For the current quarter, Management forecasts revenue in a range of 59.5 to 63.5 billion dollars. On the stock exchange the interim report was well received. Amazon shares rose in after-hours trading up to two percent.
Within a day supply
With the figures for the quarter, the online retailer also announced an ambitious shipping destination. As a customer of the service offer Prime should get in the future, the ordered Goods within one day, first in North America and then worldwide. So far, Amazon promises delivery within two days for most orders. However, rivals such as Walmart and Target have followed suit here in the meantime. To be able to the future delivery commitment to comply with, wants to invest the group alone in the current quarter-year, $ 800 million.
se/yy (rtr, dpa, ap, afp)