Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Lucrative Cloud, Advertising Businesses Power Amazon Earnings

Amazon’s outsize second-quarter earnings caught analysts by surprise, as the company’s profits, revenue and sales grew faster than expected. “Amazon’s powerful commerce engine keeps chugging along and is finally beginning to drop more to the bottom line,” eMarketer principal analyst Andrew Lipsman said of the company’s $52.9 billion quarterly sales. “But the bigger story coming…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!