About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Friday, July 29, 2016

Amazon Sees Slight Slowdown Ahead

Amazon reported a 31% year-on-year increase in net sales to 30.4 billion US dollars in the second quarter. On an constant currency basis, sales were up 30%. In North America, sales were up 28%, while international sales rose 30% and Amazon Web Sales' revenues leapt 58%.

Amazon forecast that net sales will grow between 22% and 32% in the current quarter to between 31 billion and 33.5 billion dollars. source: Amazon statement

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