Amazon makes $22.72 billion

Stefan Mileschin · 27th April 2015, 07:01

Amazon sold $22.72 billion worth of kit and services during its first financial quarter – up from the $19.74 billion it made in the same period last year.

But, like other US corporations, it took a hit of $1.3 billion because of the strength of the US dollar against other currencies.

Nevertheless, its net sales rose by 22 percent compared to the same quarter last year.

It made a net loss of $57 million in its first quarter.

CEO Jeff Bezos – pictured – pointed to the success of Amazon Web Services in a prepared statement.

Bezos said: “AWS is a $5 billion business and still growing fast. Born a decade ago, AWS is a good example of how we approach ideas and risk taking at Amazon.”

http://www.techeye.net/business/amaz...-22-72-billion

27th April 2015, 07:01	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,514	Amazon makes $22.72 billion Amazon sold $22.72 billion worth of kit and services during its first financial quarter – up from the $19.74 billion it made in the same period last year. But, like other US corporations, it took a hit of $1.3 billion because of the strength of the US dollar against other currencies. Nevertheless, its net sales rose by 22 percent compared to the same quarter last year. It made a net loss of $57 million in its first quarter. CEO Jeff Bezos – pictured – pointed to the success of Amazon Web Services in a prepared statement. Bezos said: “AWS is a $5 billion business and still growing fast. Born a decade ago, AWS is a good example of how we approach ideas and risk taking at Amazon.” http://www.techeye.net/business/amaz...-22-72-billion

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