Featured Articles

Intel releases tiny 3G cell modem

Intel releases tiny 3G cell modem

Intel has released a 3G cellular modem with an integrated power amplifier that fits into a 300 mm2 footprint, claiming it…

More...
Braswell 14nm Atom slips to Q2 15

Braswell 14nm Atom slips to Q2 15

It's not all rosy in the house of Intel. It seems that upcoming Atom out-of-order cores might be giving this semiconductor…

More...
TSMC 16nm wafers coming in Q1 2015

TSMC 16nm wafers coming in Q1 2015

TSMC will start producing 16nm wafers in the first quarter of 2015. Sometime in the second quarter production should ramp up…

More...
Skylake-S LGA is 35W to 95W TDP part

Skylake-S LGA is 35W to 95W TDP part

Skylake-S is the ‘tock’ of the Haswell architecture and despite being delayed from the original plan, this desktop part is scheduled…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 25 October 2013 11:39

Amazon does better than expected

Written by Nick Farrell

Looks like its Christmas will be OK

Online book seller Amazon managed to surprise the cocaine nose jobs of Wall Street with quarterly results that were much better than expected.

Amazon posted a narrower quarterly loss and grew sales by a better-than-expected 24 percent. The revenue performance indicated strong momentum of the world's largest Internet retailer going into the crucial U.S. holiday season. It apparently needs a running start because Christmas is expected to be miserable this year for retailers.

Ebay gave a disappointing holiday forecast saying the U.S. economic environment is pants due to the Republican party shutting down the government because the country voted for Obamacare during in the last election.

Amazon forecast sales of between $23.5 billion to $26.5 billion. Much of that growth came from its home market, where net sales leapt 31 percent to $10.3 billion as a faster delivery by a growing network of distribution centres drove customer demand, Amazon said. International sales also expanded 15 percent, up from 13 percent in the previous quarter.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments