Amazon Profit News

Companies

Amazon forecast shows e-commerce giant growing profitably

Amazon forecast Q2 profit that topped analysts' forecasts, buoyed by swelling ranks of Prime subscribers and a profitable cloud-computing division

1 min read27 Apr 2018
Companies

Amazon investments pay off with rising sales and bigger profit

Amazon revenue rises 38% to $60.5 billion in the December quarter, while net income is $1.9 billiona record for the companyor $3.75 a share

2 min read3 Feb 2018
Companies

Amazon has a plan to become profitable: it’s called advertising

The firm has quietly put together a marketing platform that lets it make money from the sheer size of its audience

5 min read19 Jan 2018
Opinion

Don’t pretend Amazon and Jeff Bezos are something they’re not

Amazon is exactly the company it promises to be as it plows almost every last cent of sales back into fuelling Jeff Bezos's outsized ambitions

1 min read28 Jul 2017
Companies

Amazon’s losses jump 5-fold on India investment

Amazon.com's losses from its international business jumped more than five times to $724 million from the same period last year, mainly due to its investments in India

3 min read29 Jul 2017
Opinion

Amazon won’t magically churn out profits, and that’s okay

Amazon's newer projects like physical bookstores and convenience stores deserve more of an explanation to investors on how they are worth the investment

2 min read28 Apr 2017
Industry

Amazon extends growth streak, unfazed by lavish spending

Amazon topped profit and revenue estimates in the first quarter and projected sales that may beat projections in the current period

2 min read28 Apr 2017
Companies

Amazon cloud unit helps it stay profitable while investing

Amazon Web Services delivered operating income of $718 million56% of Amazon's totalthough it accounted for only 9.5% of revenue

1 min read30 Jul 2016

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