Thursday, January 28, 2016

Amazon doubles profits, investors disappointed – FAZ – Frankfurter Allgemeine Zeitung

Amazon boosts revenue and earnings

The World’s Largest Online retailer Amazon has made its biggest profit in the fourth quarter – investors’ expectations but still disappointed. From October to December, the surplus rose by more than half compared with the previous year to 482 million dollars (440 million euros), as the company announced on Thursday. This holiday season rinsed Amazon so much money in the cash like never before in 19 years of trading history of the company.

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But on Wall Street came the Annual Report on bad anyway – the Amazon shares plunged after trading temporarily by more than twelve percent. Analysts had expected a significantly higher profit and more sales. The revenues increased in the fourth quarter by 22 percent year on year to 35.7 billion dollars. For the first quarter of 2016 Amazon introduced a turnover from 26.5 to 29 billion and an operating profit between 100 and 700 million dollars in prospect.











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In the observed by experts with Argus eyes cloud business, in which data, services and infrastructure for companies outsourced to the Internet, recorded Amazon Although rapid growth. In the corresponding Web Services division, revenues increased by 69 percent to 2.4 billion dollars. Operating profit climbed here from 240 to 687 million dollars. However, many financial professionals even had reckoned with even larger increases.

The fact that Amazon ever profitable wirtschaftet, is far from the rule. In the past, the company has its shareholders often alienated with high losses. CEO Jeff Bezos invested the money continue with full hands to defend the supremacy of e-commerce. In the final quarter the expenditures grew year on year by 20 percent to nearly 35 billion dollars.

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