Amazon.com Inc reported a second-quarter profit of €2.14 billion ($2.5 billion) - its largest ever. Its thanks to the retailer's younger, higher-earning businesses, including cloud computing and advertising
ADVERTISEMENTAmazon.com Inc reported a second-quarter profit of €2.14 billion ($2.5 billion) - its largest ever
It's thanks to the retailer's younger, higher-earning businesses, including cloud computing and advertising.
The Seatle based company says it expects an operating profit between €1.2 billion ($1.4 billion) and €2 billion ($2.4 billion).
That's up from €297 million ($347 million) made a year earlier.
It was the first mover in the business of selling data storage and computing power in the cloud, a bet that continues to reap.
rewards and give it the leeway to invest in grand projects.
