Amazon profit lifted by cloud, online sales

phys.org | 7/26/2018 | Staff
dorkyrocker (Posted by) Level 3
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Amazon on Thursday reported that profit in the first quarter of this year more than doubled to $3.6 billion on booming e-commerce and cloud computing revenue.

Overall revenues for the technology giant rose 17 percent to $59.7 billion, according to the update which topped most analyst forecasts.

Company - Revenue - Sales

The Seattle-based company said that revenue from online sales was up 10 percent billion while...
(Excerpt) Read more at: phys.org
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