Amazon's report will include 13% to 26% growth from 2013's Q2

By IVCPOST Staff Reporter

Jul 25, 2013 09:55 AM EDT

Amazon is expected release its second quarter revenue report today. It anticipated releasing a summary of revenues that would range between US$14.5 billion to US$16.2 billion. This would imply growth between 13% to 26% from last year's second quarter.

The report would indicate a periodic plunge against US$16 billion in profit that it conveyed in 2013's first quarter. Last quarter, Amazon reported growth of 22% which was generally from its services operations that observed sales climb by 45%.

Strong sales for the electronics and other products were also reported in the first quarter. The company stated that it anticipated no significant difference for this quarter. Furthermore, the company's margins developed in Q1 because of the success of its Amazon Web Services business along with it other segments focused on services.

Amazon noted that it enjoys the substantial margins from services amidst the tough continuing price war between Google and Microsoft. It believed that the growing popularity of the services would mitigate the negative effect of costs connected with Amazon's new centers.

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