Why Amazon produced its first $2bn quarterly profit
- 5 years ago
Read more at https://on.ft.com/2vbIwGm
Amazon blew past Wall Street earnings forecasts as its diversification into higher-margin cloud computing and the dominance of its online retail business produced its first $2bn quarterly profit.
Subscribe to FT.com here: http://bit.ly/2GakujT
Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes
Amazon blew past Wall Street earnings forecasts as its diversification into higher-margin cloud computing and the dominance of its online retail business produced its first $2bn quarterly profit.
Subscribe to FT.com here: http://bit.ly/2GakujT
Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes