Amazon's financial results for Q3 2015 are in and the company is doing very well, as it's gearing for the holiday shopping season. The company recorded a 23% increase in sales to $25.4 billion compared to $20.6 billion in Q3 2014. The result of the boost in sales is a positive quarter balance with a $79 million profit. Amazon's success is due to a 28% rise of sales in North America and, according to analysts, the Amazon Web Services (AWS) segment. AWS is the world's largest public cloud service hosting websites and applications. It brought a revenue of $2.08 billion, which is up 78% from the same period last year. Operating income from AWS is $521 million, up from $98 million from a year ago. The company didn't provide any sales figures for its Fire TV sticks and tablets, though. Source |...
Source: http://www.gsmarena.com/amazon_boasts_23_increase_in_sales_for_q3_2015-news-14645.php
