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Amazon Is Finally Profitable, Earns $2.5 Billion Over the Last Three Months
Amazon topped $2 billion in quarterly profit for the first time in its history, an impressive run fueled by continued growth in Prime subscriptions, cloud computing and its nascent advertising business. Amazon said Thursday that it earned $2.5 billion in profit for the three months ending in June, a staggering jump from the $197 million it posted in the same period last year. It marked the third consecutive quarter that Amazon has topped $1 billion in profit, a remarkable feat for a company once known for investing so much in its business that it often lost money. "The profitability trajectory appears to be accelerating quicker than expected," Daniel Ives, an analyst with GBH Insights, wrote in an investor note Thursday. Ives called this a "potential game changer" as Amazon continues to invest heavily in fulfillment centers, new stores and pricey content deals....
Earlier this month, Amazon's market value topped $900 billion for the first time, putting it on the cusp of eclipsing Apple as the world's most valuable company.
Amazon's cloud computing business, Amazon Web Services, had $6 billion in sales, while Amazon's $119-a-year "Prime" service for faster shipping now has more than 100 million users.
Qwartz says the results -- which are over 12 times more than Amazon earned in the same quarter a year ago -- prove that Amazon "can make loads of money when it actually feels like it." |
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| There are no conversations. |
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| James Daly |
Business 2.0 was hugely profitable last year, and will be profitable this year. |
| Bernard Ebbers |
The strength in our third-quarter financial results is cause for excitement. I'm particularly pleased that we continue to demonstrate impressive growth at the same time we are engaged in important merger discussions. |
| Bernard Ebbers |
Our communications services revenue growth is being driven by continued strong top-line performance in data, Internet and international - three of the fastest growing and most profitable areas within communications services. |
| Elliott Abrams |
Now in its third year in office, the Obama Administration has never championed the cause of human rights. Its slow reaction in June 2009 to the stealing of the election in Iran and the birth of the 'Green Movement' there, and its delay in backing the rebellions in Egypt, Libya, and Syria, are evidence of this problem. |
| Eric Bana |
When I was a kid, I would do stupid things on my bike. I'd jump any ramp, I'd jump over people, I'd jump over things - always crashing, never hurting myself badly but always wanting to take physical risks. |
| Tom T. Hall |
I have my own religion. I'm sort of one-quarter Baptist, one-quarter Catholic, one-quarter Jewish. |
| Jason Calacanis |
Mahalo's business model is advertising. Yahoo, Google, Ask, AOL and MSN are all advertising-based. So I don't see anything wrong with advertising-based search. |
| Miguel de Icaza |
I think that by October the whole company has to migrate to OpenOffice, and then I think it's by June next year we all migrate to Linux - you don't want to migrate 6,000 people both operating system and office suite in a single jump. |
| Chris Hadfield |
For the last several years and culminating in six months in orbit next year, I've been training for my third space flight. This one is almost in a category completely different than the previous two, specifically to live in on the space station for six months, to command a space ship and to fly a new rocket ship. |
| Jeremy Abbott |
I have great artistry, I can spin well, I have good footwork, and I can jump. I can do the quad jump, and I've done it multiple times in competition. It's definitely a jump that I have in my arsenal. I like to think of myself as the complete skater. |
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Amazon Will Pay $0 in Federal Taxes on $11.2 Billion Profits (fortune.com)
Those wondering how many zeros Amazon, which is valued at nearly $800 billion, has to pay in federal taxes might be surprised to learn that its check to the IRS will read exactly $0.00. From a report:
According to a report published by the Institute on Taxation and Economic (ITEP) policy Wednesday, the e-tail/retail/tech/entertainment/everything giant won't have to pay a cent in federal taxes for the second year in a row. This tax-free break comes even though Amazon almost doubled its U.S. profits from $5.6 billion t...
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Referring a user to amazon through your affiliate link gets you 24 hours to 90 days tracking cookie where you can earn commission on anything the user purchases in the time period from Amazon, the biggest online store in the world. 1 million product pages will bring long tail search traffic and careful analytics will reveal the most promising niches/products which new hyper focused niche sites can be created around.
This post is a comment.
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Amazon Opens Up Its Internal Machine Learning Training To Everyone
Amazon announced Monday that it's making the machine learning courses it uses to train its engineers available to everybody for free. The course is tailored to four major groups -- developers, data scientists, data platform engineers and business professionals -- and it offers both foundational level lessons as well as more advanced instruction.
https://aws.amazon.com/blogs/machine-learning/amazons-own-machine-learning-unive...
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At 133 billion base pairs[4] it has the largest known genome of any vertebrate and one of the largest of any organism on Earth, along with Polychaos dubium and Paris japonica at 670 billion and 150 billion, respectively.
Polychaos dubium is a freshwater amoeboid and one of the larger species of single-celled eukaryote.
Polychaos dubium has one of the largest genomes known for any organism, consisting of 670 billion base pairs or 670 Gbp,[4] which is over 200 times larger than the human genome (3.2 Gbp). The authors of one 2004 study, however, suggest treating that measurement with caution, be...
This post is a comment.
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So I scraped 450k amazon product urls, and now i finally finished writing my scraper and finally kicked it off with some fresh proxies. downloading massive amounts of data and images from the big A hole
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Scraping Every Product on Amazon to Make a Million Page Affiliate Site
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As mankind grows and triumphs we create our own star. Shinning city lights out into the galaxy. The brighter our star shines the dimmer the rest of the universe appears to us. Approximately 300 billion stars in the galaxy and 12 billion light bulbs on earth. #peopleareweirdorcoolorsomething
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have more than a half million product urls (which is really the hard part with amazon, they make it extremely difficult for scrapers to crawl their entire site). after cleaning up this list and potentially trying to get even more products, i will continue to modify my php scraper, this time with use for amazon. it rotates through proxies and user agents so it has worked well in google maps, yelp,. and your university's student directories, so it should bypass amazons no problem. my scraper nowadays saves all the data into xml so i can import through certain plugins, but also have a super easy way to convert to any form i need. originally my scraper rotated through tor proxies and saved all data directly into mysql, over time i created sql files for importing and now that wordpress is used so extensively and doesnt recieve penalties in the search engine like it used to, i can just throw all the data in there and make as many copies and variations of the sites as i want. and make it loo...
This post is a comment.
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Mars Had Big Rivers For Billions of Years, Study Suggests
A new study suggests that Mars once had giant rivers larger than anything on Earth after the planet lost most of its atmosphere to space. "That great thinning, which was driven by air-stripping solar particles, was mostly complete by 3.7 billion years ago, leaving Mars with an atmosphere far wispier than Earth's," reports Space.com. "But Martian rivers likely didn't totally dry out until less than 1 billion years ago, the new study found." From the report:
"We can start to see that Mars didn't just have one wet period early in its history and then dried out," study lead author Edwin Kite, an assistant professor of geophysical scien...
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Russian Shipwreck Allegedly Carrying $130 Billion In Gold Has Been Rediscovered
An anonymous reader quotes a report from Popular Mechanics:
A salvage company has located the remains of a Russian warship lost during the the Russo-Japanese War. The battle-damaged cruiser Dmitrii Donskoi was scuttled off the coast of Korea in 1905, reportedly carrying a cargo of gold worth an estimated $130 billion in today's dollars. An international consortium of companies plans to salvage the gold.
According...
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