Amazon just had its best holiday season ever,Hot Airlines Porn Movie pulling in the highest quarterly sales in the company's history and capping off a year in which it tripled profits from the previous one.
Wall Street greeted this news with a definitive "meh."
SEE ALSO: Amazon's getting serious about its delivery ambitions with a $1.4 billion hubThe online shopping behemoth's stock fell more than four percent in after-hours trading on Thursday after its $43.74 billion in reported revenues fell short of analysts' lofty $44.68 billion expectations.
While Amazon actually managed to deliver more earnings per share than investors had expected -- $1.54 versus $1.35 -- they were disappointed in the company's underwhelming prediction for the next quarter.
The tepid response also shows how much Wall Street's attitude has changed towards the company in the last year.
For years, Amazon hardly made any money outright, choosing instead to funnel its profits back into ambitious investments in different parts of the company.
All that spending has payed off massively in the past year. Amazon's web services (AWS), which now powers much of the internet, has become a fast-growing cash machine that rivals the company's entire shopping business in North America. Amazon's media arm just won the brand prestige with its first-ever Oscar nod. And its Alexa-enabled devices were the top-selling product across all categories on the site this holiday season.
AWS -- now most often the star of the company's earning reports -- continued to grow impressively this quarter with 47 percent more growth than the same period the previous year, despite slightly missed expectations. The business now operates at a 25-percent margin (as compared to 2.3 percent) from North American e-commerce.
The booming cloud business and other investments have helped to power Amazon through a record seven consecutive quarters of profitability now. Yet it still manages to pour money into a diverse assortment of business pursuits including brick-and-mortar stores, airplanes, new TV shows and other bets.
At the same time, however, investors have now come to expect sizable profits from the company, and they're worried about signs that it will continue to expand.
The company's earnings come after most brick-and-mortar retailers reported dismal holiday season sales, something many blamed on Amazon.
Topics Amazon
Waitin’ on the Student Debt Jubilee
Sophie’s Choice (the Restaurant)
Deep Foot and Deeper Foot
The Morning News Roundup for May 22, 2014
Musetti vs. Diallo 2025 livestream: Watch Madrid Open for free
Taxonomy by Sadie Stein
Originals and Remnants by Dan Piepenbring
The (Midfield) Engine That Could
SpaceX's Starlink will provide free satellite internet to families in Texas school district
Coaching, Portuguese Style
Elon Musk says Mars ship could make first flights in 2019
A Weekend Film Recommendation
Addendum by Sadie Stein
Happy Birthday, Alan Hollinghurst!
Best iPad deal: Save $100 on 13
The End of @everyword
Happy Birthday, Alan Hollinghurst!
Happy Birthday, Alan Hollinghurst!
Hidden Siri Commands and Unusual Responses
I’d Like to Make You Smile
Get $300 off Roborock Q5+ for Black Friday 2023The Questionable History of the FutureBest deals of the day Feb. 22: Kindle Paperwhite Kids, Amazon Halo View, and moreTwitter/X will bring back link headline previews, says Elon MuskTen Things I Learned from Ursula K. Le GuinTrump Disappears up HimselfRedux: Benjamin Nugent, Rowan Ricardo Phillips, and MoreFalling in Love with an Empty Man: The Work of José Leonilson18 best family movies on Max for a fun night in"What Does Your Husband Think of Your Novel?"Get $300 off Roborock Q5+ for Black Friday 2023Best Black Friday TV deals 2023How Do We Bury the Writing of the Dead?Staff Picks: Dorothy, Oz, and ArkansasTwo Thousand Pieces of Subway EphemeraRobot Mop Black Friday deal: Over $150 off iRobot Braava Jet M6Knowing your angles: Pilot snaps amazing selfie with Chinese spy balloonThe Man Who Spent Four Decades Interviewing Teen StarsBeyond Harlem: The Other Black RenaissanceBest deals of the day Feb. 22: Kindle Paperwhite Kids, Amazon Halo View, and more Every crush from 'Queen Charlotte: A Bridgerton Story' ranked Sesame Workshop marks Mental Health Awareness Month with emotional well 'Quordle' today: See each 'Quordle' answer and hints for May 4 The Sporting Life by Louisa Thomas On the Shelf by Sadie Stein Staff Picks: ‘Betsy George Whitman, 1913–2011 by The Paris Review Wordle today: Here's the answer and hints for May 4 Jane’s Lace by Jenny Hendrix The Tokyo Diary by Dean Wareham The rumors are true: These are all cakes. Color Engineering by Yuichi Yokoyama Free Comic Book Day is this weekend. Here are all the free comics you can grab. Apologizing; Glitz and Glamour by Lorin Stein Scrabble tournaments may soon ban slurs, because they didn't before How to set sexual boundaries On ‘Holiday’ by Josh Lieberman Slack GPT: New AI tool will summarize conversations, transcribe huddles, and more Tinder users still getting banned after showing support for Black Lives Matter Gabriel Orozco by Sabine Mirlesse
2.7693s , 10109.5390625 kb
Copyright © 2025 Powered by 【Hot Airlines Porn Movie】,Unobstructed Information Network