Amazon reported on its financial results for the reporting quarter, reporting revenue of $ 52.9 billion, slightly lower than the expected $ 53.41 billion. Quarterly profit was $ 2.5 billion, which was a record for Amazon. The growth of profit in annual terms reached the index of 1200% – a year earlier the company earned $ 197 million.
International business Amazon remains a weak link, the company could only reduce losses from $ 724 million to $ 494 million.
In the first half of July, Amazon’s capitalization for the first time reached $ 900 billion, it has many chances to become the first “one trillion dollar” company. However, to do this, it will have to beat Apple.