Breaking News

Firewalla Launches MSP 2.9: Introducing FireAI Search, AP7 Wi-Fi Management, Enhanced User Support, Mobile App Access Control Elgato Launches Retail-Exclusive, Discord-Edition Stream Deck Mini LIAN LI Unveils HydroShift II LCD-S Series AIO with Hot-Swappable Square LCD ASUS Republic of Gamers Announces Availability of Swift OLED PG27AQWP-W and Strix OLED XG27AQWMG ASUS Announces Prime AP303 Compact Mid-Tower ATX Case

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Amazon Tops Sales Estimate

Amazon Tops Sales Estimate

Enterprise & IT Oct 27,2017 0

Amazon.com is proving that it can run grocery stores, churn out gadgets, expand its cloud-computing business and invest in new markets, all while selling more products online and managing expenses.

Net income increased to $256 million from $252 million a year earlier, the Seattle-based company said Thursday. Sales gained 34 percent to $43.7 billion.

"In the last month alone, we've launched five new Alexa-enabled devices, introduced Alexa in India, announced integration with BMW, surpassed 25,000 skills, integrated Alexa with Sonos speakers, taught Alexa to distinguish between two voices, and more. Because Alexa's brain is in the AWS cloud, her new abilities are available to all Echo customers, not just those who buy a new device," said Jeff Bezos, Amazon founder and CEO. "And it's working - customers have purchased tens of millions of Alexa-enabled devices, given Echo devices over 100,000 5-star reviews, and active customers are up more than 5x since the same time last year. With thousands of developers and hardware makers building new Alexa skills and devices, the Alexa experience will continue to get even better."

Amazon acquired Whole Foods Market on August 28, 2017. The two companies together will pursue the vision of making natural and organic food affordable for everyone. Whole Foods generated $21 million of operating income in the period, which included about a month of sales. Revenue from "physical stores," primarily Whole Foods locations, was $1.28 billion.

The company projected operating income in the current quarter of $300 million to $1.65 billion on revenue of $56 billion to $60.5 billion.

Amazon dominates e-commerce in the U.S. with its $99-a-year Amazon Prime subscription, which includes delivery discounts, music and video streaming and is intended to keep shoppers engaged with the website. Amazon's subscription services revenue, which is mostly from Prime memberships, increased 59 percent to $2.4 billion in the third quarter. Second-quarter growth was 53 percent.

Revenue from Amazon Web Services, its profitable cloud-computing division, increased 42 percent to $4.6 billion. Second-quarter growth was 42 percent.

Tags: Amazon
Previous Post
iPhone X Availability Pushed Back a Month
Next Post
Mobile Ad Growth Boosts Alphabet' s Revenue

Related Posts

  • Crucial UK Amazon Tech Week Promos - May 2025

  • Crucial UK - Amazon Prime Deals

  • Crucial UK Amazon Prime Deals July 2024

  • Amazon and Anthropic Announce Strategic Collaboration to Advance Generative AI

  • Amazon Introduces Its Most Powerful Fire TV Sticks, Echo Show 8, Echo Hub, Echo Frames and eero Max 7

  • Amazon Introduces Blink Outdoor 4—Even Better Image Quality, Same Long Battery Life

  • Amazon Sues Online Stores Selling Pirated DVDs

  • AMD Showcases Leadership Cloud Performance with New Amazon EC2 Instances Powered by 4th Gen AMD EPYC Processors

Latest News

Firewalla Launches MSP 2.9: Introducing FireAI Search, AP7 Wi-Fi Management, Enhanced User Support, Mobile App Access Control
Enterprise & IT

Firewalla Launches MSP 2.9: Introducing FireAI Search, AP7 Wi-Fi Management, Enhanced User Support, Mobile App Access Control

Elgato Launches Retail-Exclusive, Discord-Edition Stream Deck Mini
Consumer Electronics

Elgato Launches Retail-Exclusive, Discord-Edition Stream Deck Mini

LIAN LI Unveils HydroShift II LCD-S Series AIO with Hot-Swappable Square LCD
Cooling Systems

LIAN LI Unveils HydroShift II LCD-S Series AIO with Hot-Swappable Square LCD

ASUS Republic of Gamers Announces Availability of Swift OLED PG27AQWP-W and Strix OLED XG27AQWMG
Gaming

ASUS Republic of Gamers Announces Availability of Swift OLED PG27AQWP-W and Strix OLED XG27AQWMG

ASUS Announces Prime AP303 Compact Mid-Tower ATX Case
Cooling Systems

ASUS Announces Prime AP303 Compact Mid-Tower ATX Case

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed