More of the Same From Amazon

April 27th, 2015
in News, econ_news, syndication

by Felix Richter, Statista.com

Amazon delivered more of the same in yesterday’s earnings presentation as the company continues to favor growth over profits.

Follow up:

For years now, Amazon’s founder and CEO Jeff Bezos has made a point of sacrificing short-term profits in favor of investments aimed at long-term success, as our chart nicely illustrates.

One of these long-term investments is now bearing fruit, as the company revealed in yesterday’s earnings report: Amazon Web Services, the company’s quickly growing cloud storage division, generated $1.57 billion in revenue between January and March and is on track to generate $1 billion in profits this year. On a revenue run rate of $6+ billion per year, Amazon’s cloud business is on par, if not bigger than those of industry heavyweights such as IBM and Microsoft.

This chart illustrates Amazon's revenue and profit growth since the first quarter of 2011.

Infographic: More of the Same From Amazon | Statista
You will find more statistics at Statista

 









Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.















 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved