A July event that the company created to drum up business during the summer shopping lulls, Prime Day, has become a bonafide event to rival Black Friday.
Amazon highlighted its Alexa intelligent assistant in its quarterly earnings report, touting its expanded calendar features and new information about current events like the Royal Wedding, the 2018 FIFA World Cup matches and the NBA Playoffs.
As an e-commerce behemoth whose online sales account for nearly half of the total in the United States, Amazon expects its revenue to grow to between 54 billion to 57.5 billion dollars in the third quarter, with a projected operating income of 1.4 billion dollars to 2.4 billion dollars.
It also announced the general availability of Amazon Neptune, a fast, reliable, and fully-managed graph database service.
Amazon's spending typically climbs in the July through September quarter, pressuring profits as the company prepares for Christmas and the winter holidays, its peak sales period for the year.
But Amazon's eye-popping growth has also led to increased scrutiny over the possibility that the company's market dominance gives it monopoly power.
'We want customers to be able to use Alexa wherever they are, ' Mr Bezos said. Web services generated $6.1 billion in revenue, a 49 percent increase from the same period a year ago.
Amazon will capture almost half of all online spending in the US this year, according to EMarketer Inc.
The results, showing strength in Amazon's e-commerce, content, and cloud services businesses, illustrate the broad reach of the company's operations.
Brian Olsavsky, Amazon's chief financial officer, expanded on the company's advertising fortunes during a conference call with analysts. "We've seen a greater-than-expected efficiency in a lot of our spend in things like warehouses, data centres, marketing".
CBS CEO Les Moonves faces sexual misconduct investigation
That made him one of the highest-paid CEOs in the country past year , according to an Equilar review of S&P 500 companies. Forbes estimates Moonves' net worth at $700 million and calls him one of the highest paid CEOs in the United States.
The Seattle-based tech giant posted net income of $2.5 billion in the second quarter, or $5.07 per diluted share.
Revenue for the quarter came to $52.89 billion, below the $53.37 billion analysts expected. Prime Day sales are not included in Q2 earnings.
The firm said it would raise the price of Prime memberships in the USA by $20, but that doesn't seem to have deterred consumers. It purchased online pharmacy PillPack last month, which followed its US$13.7 billion acquisition of Whole Foods past year to jump start its struggling grocery business.
Reinforcing the fact that Alexa is a focus for the company, Amazon CEO Jeff Bezos was quoted in the company's earnings release about its importance.
Although its revenue fell shy of projections, investors still applauded the results, sending the stock up as much as 4% in after-hours trading. Additionally, customers can now use Alexa to control more than 13,000 smart home devices from over 2,500 unique brands.
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Mr Kirkley said that the sunrise would begin during the eclipse which would "wash out" the colours of the moon as it turned red. As it rises, during this total eclipse , Earth's natural satellite will turn a striking shade of red or ruddy brown.
Shoppers purchaed more than five million toys, beauty products, PCs, apparel items and kitchen products. Those efforts include snagging more well-known brands to selling their wares on Amazon.com, a steady increase in private label fashion products available in the USA, and the nationwide rollout of Amazon Wardrobe, a service that allows Prime members to choose up to 8 items for users to try on at home for 7 days until Amazon charges the user.
Attacks against Israelis in the West Bank are supported by many Palestinians as pushing back against settlement growth. On Friday an Israeli soldier was shot dead, sparking a fierce wave of bombing that ratcheted up fears of another war.
Hamilton said: "What an unbelievable job by you guys". "I have never had a race like this". "But this is right there with them". Hamilton made the claim on social media in the wake of his famous victory from 14th on the grid at Sunday's German Grand Prix .
Mars made its closest approach to Earth in almost 60,000 years back in 2003, when its center was 34,646,418 miles from Earth's. However, there is a global dust storm obscuring the red planet that could continue through August and into September.
The cyclist is expected to fly into the United Kingdom later on Monday - but it is not yet known when he will be back in Wales. He was second after stage nine and took hold of the race leader's yellow jersey on stage 11.
In the midst of a relatively weak trade market for starting pitching, the Cubs were one of the teams pursuing Blue Jays lefty J.A. The Cubs got the left-hander Friday, trading pitchers Eddie Butler and Rollie Lacy and a player to be named to Texas.
The ad sales portion of revenue hit $13 billion in the second quarter, good for a gain of 42 percent from the year prior. In this March 29 photo, the logo for Facebook appears on screens at the Nasdaq MarketSite in New York's Times Square.
He also said Congress must fix "the DUMBEST & WORST immigration laws anywhere in the world!" and urged voters to "Vote 'R'". President Donald Trump claims many who cross the border illegally are "using children for their own sinister purposes".
Players now subscribed to EA Origin Access will maintain all the benefits of the service; it shall simply be renamed "Basic" tier. The good news is that EA has confirmed that they know about the current outage and are working to fix it as soon as possible.
AMI bought the rights to her story of a relationship with Trump but instead of publishing it they sat on it. Cohen is under investigation in NY , reportedly for bank fraud and campaign finance violations.
Xherdan Shaqiri believes that Liverpool is capable of going one step further and winning the Champions League this season. It's going to be a long season and an important season to try to be successful.
USA pastor Andrew Brunson reacts as he arrives at his home after being released from the prison in Izmir, Turkey, July 25, 2018. The threat of sanctions caused a small dip in Turkey's financial markets Thursday morning, Reuters reports .
Klopp reveals why Liverpool won't sign another defender
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This comes after North Korean leader Kim Jong Un and US President Donald Trump met in Singapore for a historic summit on Jun 12. Their pay supports North Korea's programs of weapons of mass destruction and ballistic missiles, the advisory said.
Tour de France Stage 19 results: Primoz Roglic wins
Safe in the knowledge Quintana was unlikely to claw back his overnight deficit of almost four minutes, Sky let the Colombian go. But given the length of the time trial this year, Dumoulin might need to make up time on Friday to have a chance on Saturday.
Shareholders approve Disney's $71B takeover of Fox
Disney must still clear antitrust hurdles from other governments around the globe, including China and the European Union. How do you feel about the Disney and Fox merger? Neither of the two companies' leaders made an appearance.