• Skip to main content
  • Skip to primary sidebar
  • Login
  • Register

Publishers Lunch

The Publishing Industry's Daily Essential Read

  • Publishers Marketplace
  • Site Guide
  • Help

AWS Powers Amazon to Profit and Stock Hits New High

October 22, 2015
By Michael Cader

Amazon’s third quarter sales and profits came in at the high end of their guidance from three months ago, and investors promptly lifted shares. After hitting an all-time high early Friday morning, share gains have settled to about 6.5 percent. Net sales increased of $25.4 billion were 23 percent higher than a year ago, and operating income was $406 million — compared to an operating loss of $544 million in the third quarter of 2014 — and net income of $79 million. Amazon pleasantly surprised investors last quarter with operating income of $464 million. (Those gains come even after paying employees higher […]

Login to read full story

Filed Under: Finance

sidebar

Primary Free Sidebar

Login


Forgot password
Quick Pass users click here to log in
Get Full Access
The publishing industry's essential daily read

Each Publishers Lunch Deluxe subscription includes full access to our searchable multi-year archive of industry news, a nightly email reporting 10 to 50 deal transactions, and our database of industry contacts, scripts, and posting privileges.

Learn More

RSS Automat

  • New Contributing Writers to The Washington Post's Book World October 3, 2023 Washington Post
  • How Lester Del Rey "Invented Fantasy Fiction As We Know It" October 2, 2023 Dan Sinykin Excerpt, Slate
  • John Grisham's "Enduring Charm" October 2, 2023 Time
  • Michael Lewis Writes Sam Bankman-Fried "Was Told" Trump Wouid Drop Out of Presidential Race for $5 Billion October 2, 2023 Washington Post
  • If or When Amazon Wants to Identify Books Made By AI, Software Detection Companies Say They Are Ready September 29, 2023 Wired
  • Cundhill History Prize Shortlist Announced September 28, 2023 Prize site
  • Nobel for Literature to be Announced October 5 September 28, 2023 NYT
  • With Sales Down 30% on Book Bans, Levine Querido Authors Raise Over $100,000 In Auction September 27, 2023 PW
  • Taylor & Francis to Make Voluntary Separation Offer; Threatens Layoffs to Follow September 25, 2023 Bookseller
  • Rupert Murdoch to Retire from News Corp and Fox Boards September 21, 2023 NYT
© 2023 Publishers Lunch. All Rights Reserved.