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2021-08-07
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AWS Eased Investor's Disappointment In Amazon's Slowing Growth
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As vaccines kicked in and helped the world restore somewhat of normalcy that includes in-store shopping, the hyped demand that amazon enjoyed is slowly weakening.","content":"<html><body><p>Amazon Web Services continues to be a star player for <strong>Amazon.com, Inc </strong>(NASDAQ:AMZN). As vaccines kicked in and helped the world restore somewhat of normalcy that includes in-store shopping, the hyped demand that amazon enjoyed is slowly weakening. But to be clear, it is nothing dramatic, just enough to frustrate investors who got used to monumental figures. Upon the report last Thursday, shares fell more than 7% in after-hours trading, bringing with them $100 billion from the company's market value.</p>\n<h4>Q2 Figures</h4>\n<p>From April through June, Amazon saw $113.1 billion in sales of products and services, growing 27% YoY, helped by Prime Day that resulted in more purchased items than during any prior Prime Day, more precisely 250 million. However, revenue fell short of $115.2 billion analysts had expected, marking a slowdown from the 40% sales growth posted during the same quarter last year, despite having Prime Day in June. 13% of the revenue has been generated by the cloud unit, and 54% of the company's operating income came from AWS, the sole bright spot.</p>\n<p>Despite the sales miss, profit did beat expectations at $7.8 billion thanks to AWS which brought $4.19billion.Amazon Web Services generated $14.8 billion in net sales, up 37% YoY, outpacing both its prior second quarter's 29% and this quarter's Amazon's sales growth as a whole.</p>\n<p>These mixed results highlight the challenge upon the new CEO, Andy Jassy, who stepped up on July 5<sup>th</sup> CEO to replace Jeff Bezos who went on to conquer space. Jassy, previously in charge of AWS, now needs to find a way to maintain whopping sales and profit growth that wrote Amazon's success story.</p>\n<h4>A Weaker Q3 Guidance</h4>\n<p>For the undergoing quarter, net sales are expected to increase 10% and 16% from the prior year which translates to a significant slowdown from 37%<strong> </strong>sales growth reported in 2020's Q3.</p>\n<h4>Concerns</h4>\n<p>Amazon was growing way faster in 2020, seeing 40% growth in net sales this time in 2020 fueled by a global pandemic versus 27% this year. Despite its strong numbers, other tech giants have done quite well this quarter, beating investor expectations, making Amazon the odd <a href=\"https://laohu8.com/S/AONE.U\">one</a> out.</p>\n<p>Growth is still growth, but it means that Amazon and its investors can't expect to see monumental gains from last year when the world stayed clear of physical shopping. Jassy hasn't revealed if he'll be steering the company differently from Bezos, but these figures clearly show why he's now the man in charge. AWS remains the brightest spot for Amazon, and its leader now has the rest of the empire to look after.</p>\n<p><em>This article is not a press release and is contributed by a verified independent journalist for IAMNewswire. It should not be construed as investment advice at any time please read the full </em><em>disclosure</em><em>. IAM Newswire does not hold any position in the mentioned companies. Press Releases – If you are looking for full Press release distribution contact: </em><em>press@iamnewswire.com</em><em> Contributors – IAM Newswire accepts pitches. If you're interested in becoming an IAM journalist contact: </em><em>contributors@iamnewswire.com</em></p>\n<p>The post AWS Eased Investor's Disappointment in Amazon's Slowing Growth appeared first on IAM Newswire.</p>\r\nImage by Gerd Altmann from Pixabay</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AWS Eased Investor's Disappointment In Amazon's Slowing Growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAWS Eased Investor's Disappointment In Amazon's Slowing Growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-07 06:03</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Amazon Web Services continues to be a star player for <strong>Amazon.com, Inc </strong>(NASDAQ:AMZN). As vaccines kicked in and helped the world restore somewhat of normalcy that includes in-store shopping, the hyped demand that amazon enjoyed is slowly weakening. But to be clear, it is nothing dramatic, just enough to frustrate investors who got used to monumental figures. Upon the report last Thursday, shares fell more than 7% in after-hours trading, bringing with them $100 billion from the company's market value.</p>\n<h4>Q2 Figures</h4>\n<p>From April through June, Amazon saw $113.1 billion in sales of products and services, growing 27% YoY, helped by Prime Day that resulted in more purchased items than during any prior Prime Day, more precisely 250 million. However, revenue fell short of $115.2 billion analysts had expected, marking a slowdown from the 40% sales growth posted during the same quarter last year, despite having Prime Day in June. 13% of the revenue has been generated by the cloud unit, and 54% of the company's operating income came from AWS, the sole bright spot.</p>\n<p>Despite the sales miss, profit did beat expectations at $7.8 billion thanks to AWS which brought $4.19billion.Amazon Web Services generated $14.8 billion in net sales, up 37% YoY, outpacing both its prior second quarter's 29% and this quarter's Amazon's sales growth as a whole.</p>\n<p>These mixed results highlight the challenge upon the new CEO, Andy Jassy, who stepped up on July 5<sup>th</sup> CEO to replace Jeff Bezos who went on to conquer space. Jassy, previously in charge of AWS, now needs to find a way to maintain whopping sales and profit growth that wrote Amazon's success story.</p>\n<h4>A Weaker Q3 Guidance</h4>\n<p>For the undergoing quarter, net sales are expected to increase 10% and 16% from the prior year which translates to a significant slowdown from 37%<strong> </strong>sales growth reported in 2020's Q3.</p>\n<h4>Concerns</h4>\n<p>Amazon was growing way faster in 2020, seeing 40% growth in net sales this time in 2020 fueled by a global pandemic versus 27% this year. Despite its strong numbers, other tech giants have done quite well this quarter, beating investor expectations, making Amazon the odd <a href=\"https://laohu8.com/S/AONE.U\">one</a> out.</p>\n<p>Growth is still growth, but it means that Amazon and its investors can't expect to see monumental gains from last year when the world stayed clear of physical shopping. Jassy hasn't revealed if he'll be steering the company differently from Bezos, but these figures clearly show why he's now the man in charge. AWS remains the brightest spot for Amazon, and its leader now has the rest of the empire to look after.</p>\n<p><em>This article is not a press release and is contributed by a verified independent journalist for IAMNewswire. It should not be construed as investment advice at any time please read the full </em><em>disclosure</em><em>. IAM Newswire does not hold any position in the mentioned companies. Press Releases – If you are looking for full Press release distribution contact: </em><em>press@iamnewswire.com</em><em> Contributors – IAM Newswire accepts pitches. If you're interested in becoming an IAM journalist contact: </em><em>contributors@iamnewswire.com</em></p>\n<p>The post AWS Eased Investor's Disappointment in Amazon's Slowing Growth appeared first on IAM Newswire.</p>\r\nImage by Gerd Altmann from Pixabay</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.benzinga.com/news/earnings/21/08/22375137/aws-eased-investors-disappointment-in-amazons-slowing-growth","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2157499712","content_text":"Amazon Web Services continues to be a star player for Amazon.com, Inc (NASDAQ:AMZN). As vaccines kicked in and helped the world restore somewhat of normalcy that includes in-store shopping, the hyped demand that amazon enjoyed is slowly weakening. But to be clear, it is nothing dramatic, just enough to frustrate investors who got used to monumental figures. Upon the report last Thursday, shares fell more than 7% in after-hours trading, bringing with them $100 billion from the company's market value.\nQ2 Figures\nFrom April through June, Amazon saw $113.1 billion in sales of products and services, growing 27% YoY, helped by Prime Day that resulted in more purchased items than during any prior Prime Day, more precisely 250 million. However, revenue fell short of $115.2 billion analysts had expected, marking a slowdown from the 40% sales growth posted during the same quarter last year, despite having Prime Day in June. 13% of the revenue has been generated by the cloud unit, and 54% of the company's operating income came from AWS, the sole bright spot.\nDespite the sales miss, profit did beat expectations at $7.8 billion thanks to AWS which brought $4.19billion.Amazon Web Services generated $14.8 billion in net sales, up 37% YoY, outpacing both its prior second quarter's 29% and this quarter's Amazon's sales growth as a whole.\nThese mixed results highlight the challenge upon the new CEO, Andy Jassy, who stepped up on July 5th CEO to replace Jeff Bezos who went on to conquer space. Jassy, previously in charge of AWS, now needs to find a way to maintain whopping sales and profit growth that wrote Amazon's success story.\nA Weaker Q3 Guidance\nFor the undergoing quarter, net sales are expected to increase 10% and 16% from the prior year which translates to a significant slowdown from 37% sales growth reported in 2020's Q3.\nConcerns\nAmazon was growing way faster in 2020, seeing 40% growth in net sales this time in 2020 fueled by a global pandemic versus 27% this year. Despite its strong numbers, other tech giants have done quite well this quarter, beating investor expectations, making Amazon the odd one out.\nGrowth is still growth, but it means that Amazon and its investors can't expect to see monumental gains from last year when the world stayed clear of physical shopping. Jassy hasn't revealed if he'll be steering the company differently from Bezos, but these figures clearly show why he's now the man in charge. AWS remains the brightest spot for Amazon, and its leader now has the rest of the empire to look after.\nThis article is not a press release and is contributed by a verified independent journalist for IAMNewswire. It should not be construed as investment advice at any time please read the full disclosure. IAM Newswire does not hold any position in the mentioned companies. Press Releases – If you are looking for full Press release distribution contact: press@iamnewswire.com Contributors – IAM Newswire accepts pitches. If you're interested in becoming an IAM journalist contact: contributors@iamnewswire.com\nThe post AWS Eased Investor's Disappointment in Amazon's Slowing Growth appeared first on IAM Newswire.\r\nImage by Gerd Altmann from Pixabay","news_type":1},"isVote":1,"tweetType":1,"viewCount":89,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":19,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/891987828"}
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