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Amazon tops 540K employees after swallowing Whole Foods in $13.7B deal
28 October 2017, 01:10 | Melanie Burgess
Amazon's Profits Don't Come Cheap
But any worries about the quarter were quickly forgotten when the e-commerce giant announced quarterly results well beyond management's outlook.
Although AWS has continued to be a massive profit driver, accounting for almost 10% of total revenue in Q3, sales growth for the cloud service actually slowed down for the eighth straight quarter. That figure includes $1.3 billion from Whole Foods Market, acquired August 28. Management had guided for third-quarter operating income to be between a loss of $400 million and a gain of $300 million.
Amazon's expansion into new sectors and markets has lifted the company's share price and made Bezos one of the world's richest individuals - briefly the richest at one point, according to one survey.
Driving the revenue growth was AWS sales which rose 42 per cent year-on-year to $4.58 billion.
For the fourth quarter, the company expects revenue between $56 billion and $60.5 billion, up as much as 38 percent from the year before, and above what analysts expected.
For the first time, Amazon broke its sales out for its business of online retail and for physical bookstores as well as its Whole Foods stores. The e-commerce and cloud computing giant crushed Wall Street's expectations and its own guidance across the board.
Impressively, Amazon has managed to increase the pace of growth from its online stores, where sales increased by 22% over the prior year. "Of those services, Subscriptions (which includes Prime) and Other (which includes advertising) are its fastest-growing businesses".
Sony Xperia XZ Premium Gets Android 8.0 Oreo
It is also the personal fastest record for Sony , as it was previously notorious for failing to meet multiple updates' deadlines. With a revamped App Shortcuts , Xperia XZ Premium has its own way of accessing to actions menus by long pressing the app icon.
Cardi B Claims "Racist" Staff Booted Her From Albany Hotel
Later in the afternoon, Cardi posted several videos on her Instagram account explaining her side of the story. "I can't, really. Let this be a lesson to the blanket taking culprit in Cardi's life, don't get comfortable because she will cut you off!
In addition, Bezos said active customers on Alexa-enabled devices are up five times over the same period past year.
"Customers have purchased tens of millions of Alexa-enabled devices..."
This is good news given that Amazon just rolled out an array of new Alexa-enabled devices just before the holiday season. The move is interesting, as I am sure there are not many people with Amazon Echo products who do not also have Prime.
In its release, Amazon vowed to continue the downward pressure on prices at often-pricey Whole Foods, saying "the two companies together will pursue the vision of making high-quality, natural and organic food affordable to everyone".
Operating income sank 40% to $347 million, and net income rose to $256 million, far above analysts' expectations. Year-to-date, AMZN has gained 29.64%, versus a 16.07% rise in the benchmark S&P 500 index during the same period.
Amazon now pays developers out of its own pocket to create the skills, which Echo users are then able to download and install onto their Alexa at no charge.
Upset by anthem protests, St
Just as players have a right to protest at any venue and for any goal they choose, so, too, does the VFW post, he said. The players coalition, which is a group led by National Football League players, invites players to the events.
Vegetable Products Sold at Major Retailers
Listeria can cause fever and diarrhea similar to other foodborne germs , but this type of Listeria infection is rarely diagnosed. California-based Mann Packing recalled a number of its packaged produce products sold at Whole Foods , Trader Joes and Walmart .
Public Health Agency tells of flu vaccine clinics next week
By following this policy, you will help to protect the people you are visiting from getting a potentially serious illness. It's an annual rite of passage - football season, fall leaf peeping, apple orchards, and ... cold and flu season.
Spain's pass-and-move vs. Mali's run-and-shoot
Abel Ruiz made no mistake in clinching the opener as he hit the middle of the net, leaving goalkeeper Youssouf Koita helpless. Spain come into the game having found their attacking mojo, all the while showing why they are so good at keeping the ball.
Oil Prices Ease But Hold Near Four-Week Highs
Energy Information Administration (EIA) data showed on Wednesday, versus analysts' forecast for a 2.6 million-barrel draw. Brent futures LCOc1 gained 86 cents, or 1.5 percent, to settle at $59.30 a barrel, its highest close since July 3, 2015.
Gold Star Widow: Trump Call 'Made Me Cry Even Worse'
She said she was present during the call and stood by Ms Wilson's account of what was said. "It could be empty for all I know". Johnson said she was distraught over Trump's alleged oversights during the call, which came as the Johnson family and Rep.
Hillary Clinton Subject of 2 New GOP Investigations
Recently, President Trump and Fox News have been harping about "real" Russia story - Hillary Clinton selling uranium to Russians. Nunes said he wants to find out why Congress was not informed about any FBI investigation into the matter.
Idaho gas prices edge lower
The hurricane knocked out about a quarter of the nation's oil refining capacity, causing gas prices to climb almost 20 percent. In some cases, in fact, the prices in the Golden Triangle are even lower than the statewide average of $2.12 on August 28.
Lonzo Ball's Lakers debut: What we saw in his first game
Most importantly, his Lakers outlasted the Suns 132-130. "I'm not calling him Kobe, but Kobe was the same way", Walton said . The Suns were within two points after Brandon Ingram split a pair of free throws with 5.9 seconds remaining.
World Health Organisation drops Mugabe as ambassador
Tedros in their ambition to drive the NCD agenda forward, we are unable to recognise President Mugabe as a champion for NCDs". The British, US and other governments, the Zimbabwean opposition and human rights group criticised his appointment.