Breaking News

Arctic announces Senza AI 370 Under Desk PC for AI Applications CORSAIR Announces the Airflow-focused 3200D Mid Tower for Ambitious DIY PC Builds Silicon Power Launches Enterprise-Grade DDR5 RDIMM to Accelerate AI Workloads World Backup Day 2026: A Backup Doesn’t Always Need to be in the Cloud Sharkoon announces S100 ARGB AIO Cooler

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 Reports Surprising 2Q profit

Amazon Reports Surprising 2Q profit

Enterprise & IT Jul 24,2015 0

Amazon celebrated its 20th birthday on Thursday after it reported a surprise second-quarter profit. Amazon credited the profit to continued strength of its cloud-computing business and strong revenue growth both domestically and abroad. That came as it held costs for marketing and package delivery in check.

In a call with analysts, new Amazon CFO Brian Olsavsky said the company would continue to look for ways to keep costs in check while at the same time investing in "things that we think are big and important."

Amazon got a boost in revenue from Amazon Web Services, a suite of products and services offered to businesses by way of remote servers that enable users to access applications on any machine with an Internet connection. Revenue from that business climbed 81 percent to $1.82 billion.

Amazon also said its $99-a-year Prime loyalty program helped drive growth during the quarter. The company won't say how many Prime members it has, but it's estimated to be as many as 40 million, and Prime members typically spend more than other shoppers.

For the current quarter ending in September, Amazon said it expects revenue in the range of $23.3 billion to $25.5 billion.

Tags: Amazon
Previous Post
European Regulators Approve Nokia's Acquisition of Alcatel-Lucent
Next Post
YouTube Eyes Virtual Reality With 360-degree 3-D

Related Posts

  • AWS introduces Graviton5 CPU

  • 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

Latest News

Arctic announces Senza AI 370 Under Desk PC for AI Applications
Consumer Electronics

Arctic announces Senza AI 370 Under Desk PC for AI Applications

CORSAIR Announces the Airflow-focused 3200D Mid Tower for Ambitious DIY PC Builds
Cooling Systems

CORSAIR Announces the Airflow-focused 3200D Mid Tower for Ambitious DIY PC Builds

Silicon Power Launches Enterprise-Grade DDR5 RDIMM to Accelerate AI Workloads
Enterprise & IT

Silicon Power Launches Enterprise-Grade DDR5 RDIMM to Accelerate AI Workloads

World Backup Day 2026: A Backup Doesn’t Always Need to be in the Cloud
Enterprise & IT

World Backup Day 2026: A Backup Doesn’t Always Need to be in the Cloud

Sharkoon announces S100 ARGB AIO Cooler
Cooling Systems

Sharkoon announces S100 ARGB AIO Cooler

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

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Arctic Liquid Freezer III 360 Pro Argb

Arctic Liquid Freezer III 360 Pro Argb

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