Breaking News

LIAN LI Introduces the Platinum Certified SX PSU Series Micron Ships Automotive UFS 4.1 Apple introduces Digital ID DJI Launches Neo 2 PlayStation Plus Game Catalog for November 2025

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

  • 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

LIAN LI Introduces the Platinum Certified SX PSU Series
PC components

LIAN LI Introduces the Platinum Certified SX PSU Series

Micron Ships Automotive UFS 4.1
Enterprise & IT

Micron Ships Automotive UFS 4.1

Apple introduces Digital ID
Enterprise & IT

Apple introduces Digital ID

DJI Launches Neo 2
Drones

DJI Launches Neo 2

PlayStation Plus Game Catalog for November 2025
Gaming

PlayStation Plus Game Catalog for November 2025

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