Breaking News

Ricoh announces GR IV Monochrome Acer ProDesigner PE320QX monitor excels at tests! MSI announces Roamii BE Pro Mesh WiFi 7 System Samsung Mobile Gaming Hub Reshapes Personalized Play Viltrox Brings AI Autofocus to Manual Lenses with NexusFocus F1

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

  • 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

Ricoh announces GR IV Monochrome
Cameras

Ricoh announces GR IV Monochrome

Acer ProDesigner PE320QX monitor excels at tests!
GPUs

Acer ProDesigner PE320QX monitor excels at tests!

MSI announces Roamii BE Pro Mesh WiFi 7 System
Enterprise & IT

MSI announces Roamii BE Pro Mesh WiFi 7 System

Samsung Mobile Gaming Hub Reshapes Personalized Play
Smartphones

Samsung Mobile Gaming Hub Reshapes Personalized Play

Viltrox Brings AI Autofocus to Manual Lenses with NexusFocus F1
Cameras

Viltrox Brings AI Autofocus to Manual Lenses with NexusFocus F1

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

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

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