29 Apr '16, 9am

Amazon shows its strength: Amazon had Q1 sales of $29 billion for a profit of $513 million. Its

Amazon shows its strength: Amazon had Q1 sales of $29 billion for a profit of $513 million. Its

Its cloud service had revenues of $2.57 billion representing about 30% of the cloud services market leaving cloud rivals Google and Microsoft trailing. The cloud business had profits of $604 million in Q1. It delivers 56% of the operating income at Amazon with revenues representing 9% of Amazon’s total revenue. Amazon expects to grow revenues at 20%+ this year and next when revenues are forecast to top $150 million. Profits vary dramatically at Amazon – it made a $57 million loss in Q1 2015 – depending on whether the company is investing in expansion or not.

Full article: http://www.electronicsweekly.com/news/business/amazon-sho...

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Core Strength @iRunFar #training #G8Performance

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