Amazon Web Services is the Driver Behind Another Great Amazon Quarter (Nasdaq: AMZN) reported earnings after the market closed on Thursday and it was another great quarter for the internet giant:

  • Net sales of $51.0 billion, up from $35.7 billion (43% increase year-over-year)
  • Operating income rose to $1.9 billion, up from $1.0 billion (92% increase YOY)
  • Earnings of $3.27 per share, up from $1.48 per share (121% increase YOY)

If you’ll recall from earlier this week, I was primarily concerned with the performance of Amazon Web Service (AWS), as its high-margin business line would help overcome the margin shortcomings felt in the retail side of things. AWS did not disappoint, with total sales during the quarter of $5.4 billion, or just over 10% of total sales. Continue reading “Amazon Web Services is the Driver Behind Another Great Amazon Quarter”

Portfolio X-Ray:

Note: Read this introduction to see what I am doing in this series.

About (Nasdaq: AMZN) is pretty well known, so I’m not going to go into much deyail about what they do. The company went online in 1995, primarily as a retailer of books. They managed to survive the dot-com bubble, a time when every company that had something to do with the internet, or technology in general, was experiencing sky high valuations. Amazon emerged relatively unscathed, and even benefited a bit from the failure of a lot of fly-by-night internet retailers, the most famous perhaps being As if led by the will of its founder and CEO Jeff Bezos, Amazon emerged triumphant, and gradually morphed into the mega-online retailer it is today, mostly by acquiring other successful online retailers like Zappos. Now Amazon is often viewed as a one-stop shop for most items, and truly changed the way that many retailers viewed the internet.

In it’s own words, Amazon keeps what it is and what it does simple: opened its virtual doors on the World Wide Web in July 1995 and offers Earth’s Biggest Selection. We seek to be Earth’s most customer-centric company for four primary customer sets: consumers, sellers, enterprises, and content creators. In addition, we provide services, such as advertising services and co-branded credit card agreements. Continue reading “Portfolio X-Ray:”

A Quick Note

Regular readers may have noticed this, but I thought I would just point it out anyway since I don’t have anything else to write about today. I should have said something a few weeks ago, but I just kept putting it off for no good reason.

Anyway, I hope you are digging the new look to my blog here. I got bored with the old layout and decided to change it up a little bit. But there is also another change that you may not have noticed, unless you click through and follow some of the links. If you click on a link, like this one, you end up over at with an opportunity to buy something that I have mentioned. Normally, you can do this and just enjoy the item, but if you buy it from the link, I’ll get a little kick back. I’m not expecting to make any real money doing this, but I figure if it is something that you were going to buy anyway, maybe you’ll buy it from my link and I’ll make $0.35 or whatever. Not a hard sell, but just keep this in mind if you find yourself on Amazon from my blog. Continue reading “A Quick Note”