the online company surprised even the analysts. The cloud services proved to be money bringer. Demand for prime offerings rose.
The world’s largest online retailer Amazon benefits from its booming business with cloud services and are now a record profit known. The company earned $ 513 million last quarter. The profit was nearly twice as high as analysts expected, in the same quarter Amazon had lost $ 57 million. The stock jumped on Thursday after trading up by around 13 percent. Sales increased year on year by 28 percent to 29.1 billion dollars.
The cloud division AWS again proved strong money bringer. With a turnover of more than $ 2.5 billion they drove an operating income of 604 million dollars. Amazon offers businesses computing power from the grid, many start-ups and established companies rely on cloud services from AWS. The division’s sales rose year on year by 64 percent and operating profit was more than tripled.
Even the US trade business was profitable with a jump in operating income from 254 to 588 million dollars. Sales grew by more than a quarter to almost 17 billion dollars. In international business, there were on an operational basis in the red of 121 million dollars on revenues of 9.57 billion dollars.
But also for the Prime program Amazon could attract new members. For an annual fee they receive their goods faster and access to various services such as music, movies and TV shows. Recently introduced Amazon Prime also against a monthly contribution a.
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