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الخميس، 12 يونيو 2014

Amazon sells more but still losing money

Amazon sells. But that does not relate to him as much. During the first three months of the year its sales jumped 23% compared to the same period last year. It reached 19.74 billion dollars in the first quarter of the year, above analysts polled by Thomson Reuters, who had forecast 19.4 billion.
Earnings per share positive ...Earnings per share amounted to 23 dollars, in line with the pessimistic expectations of analysts who had taken into account the poor results of the fourth quarter to reduce their level prévisions.Un which obviously enough to satisfy investors since taking the title AMZN 5 1% in trading after the close of trading on Thursday, where the action ended at 337.15 dollars.
But operational lossesHowever, the Amazon operating income remains in the red. Decreases slightly less than last year at the same period (181 million beginning in 2013 and 146 million this year). But the losses are likely to grow, the giant e-commerce providing between 55 and 455 million in the second quarter.
Weak digital sales
Digital sales (movies, TV programs and books) were particularly weak, with sales growth of only 4%. Amazon has recently increased the price of $ 20 subscription service "Prime" which gives access to its streaming videos, the Kindle bookstore and free delivery in two days, now at $ 99 per year. His rival Netflix has recently announced that it would do the same. However, the group has chosen to reduce the price of its services "Cloud", an area where Microsoft, Google or IBM decided to invest heavily.
Warehouse, television, smartphones ...The first online bookstore, meanwhile, increases investments in various fields. It plans to open new warehouses to expedite deliveries, which include fresh products overseas, but also in a "box" to watch programs streamed from his television. Amazon has also partnered exclusively with HBO pay channel, which broadcasts among others, the hit series Game of Thrones. Finally, a smartphone is being developed.

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