Amazon is scheduled to report its financial results for the first quarter on Thursday, April 28th. The year 2015 was a blockbuster for Amazon, with the online retailer surpassing the $100 billion sales figure for the first time in its history driven by 25% year-over-year retail sales growth in North America and 70% growth in Amazon Web Services revenue. In the fourth quarter, Amazon’s net sales grew about 22% year over year to $35.7 billion and its net income more than doubled year over year to $482 million or $1.00 per share. In Q1 2016, the company expects net sales between $26.5 billion and $29 billion and EPS of 55 cents.

from Forbes – Tech http://ift.tt/1T4rqwC
via IFTTT