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Amazon Sales Rise In Holiday Quarter, Shares Jump


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(Reuters) - Amazon.com Inc reported earnings of 45 cents per share for the crucial holiday quarter, trouncing analysts' expectations and sending its shares up 9 percent.

Wall Street expected Amazon to report earnings per share of 17 cents, according to Thomson Reuters I/B/E/S. Operating expenses rose 14.6 percent in the quarter to $28.7 billion. Net shipping costs represented 4.6 percent of worldwide net sales, slightly lower than the previous four quarters.

Revenue rose 15 percent to $29.3 billion, slightly short of the average analyst estimate of nearly $30 billion. About a third of Amazon’s annual revenue is recorded in the holiday quarter.

Amazon has been pouring money into beefing up its $99-a-year Prime membership program. Worldwide, paying Prime membership rose 53 percent in 2014, and 50 percent in the U.S. market. In 2014, Amazon paid billions for Prime shipping and put $1.3 billion into its Prime video service, Chief Executive Jeff Bezos said in a statement.

(Reporting by Deepa Seetharaman; additional reporting by Edwin Chan; Editing by Bernard Orr)

 

Source: http://www.reuters.com/article/2015/01/29/us-amazon-com-results-idUSKBN0L22Q520150129

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holidays season as expected,,,, ee quarter retail stores baga improve ayyay

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gallery_8818_6_385253.gif?1367349476  overall markte improved man today..

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  overall markte improved man today..

 

gallery_8818_6_385253.gif?1367349476 adhi anthe le, market full mood swings lo vundhi. repu malli down next malli up

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gallery_8818_6_385253.gif?1367349476 adhi anthe le, market full mood swings lo vundhi. repu malli down next malli up

 

repu kuda UP untadhi... eroju vachhina earnings post antha positive undhi ...

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gallery_8818_6_385253.gif?1367349476  overall markte improved man today..

mana jobs ki doka ledha  inka ?

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repu kuda UP untadhi... eroju vachhina earnings post antha positive undhi ...

 

market up n down vuntadhi ani naa meaning, manam just mana company ela chesthnadho edaina good news or bad news vachinda chusukunte piece of mind vuntadhi  :police:  Pilla.gif

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