Troubling Problems Face Amazon, Except Cloud Business – 24/7 Wall St.

Troubling Problems Face Amazon, Except Cloud Business – 24/7 Wall St.

Amazon’s market cap has plunged by hundreds of billions of dollars so far this year. Its shares have dropped 35%. Almost none of this can be attributed to its cloud business, which continues to be the world’s market share leader. And the size of this market is likely to continue to grow rapidly. Amazon’s cloud business may be worth more than its e-commerce business, although it is much smaller.
cnx.cmd.push(function() {var videoId = decodeURIComponent(“”); cnx({ playerId: “0a52d238-33b5-4c04-ba5e-323e192cfbe8”, mediaId: videoId}).render(“b8b49474e42e4a61905a1353db504ac9”); });
The weakness of the retail sector, in general, was evident in the earnings from Walmart and Target. Each posted poor numbers and grim forecasts. Among their concerns was that inflation will eat margins and rising prices will keep consumers away. While Amazon has few physical stores, it cannot dodge the inflation factor.

Amazon’s North American e-commerce business barely grew last quarter, and its profits plunged. Its International business suffered a drop in sales and lost money. The company indicated that investors should not expect improvements. Management said Amazon faces “ongoing inflationary and supply chain pressures.”

AWS revenue grew to $18.4 billion in the most recent quarter. Operating income was $6.5 billion, up from $4.2 billion a year ago. Based on Amazon’s entire revenue change, AWS may well become the largest share of Amazon’s market cap. That means the value of e-commerce has collapsed.

ALSO READ: Amazon Web Services Is Worth $1 Trillion

wallst_recirc_link_tracking_init( “93052883062980e671a433”, “text” );

Amazon’s next quarter will prove that its original business is in share decline. That will drive the stock even lower. AWS is the only net to hold the shares from an even uglier plunge.
Sponsored: Find a Qualified Financial Advisor:
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.

source

How do I find SEO services
Dominate search engine result pages, crush your competition, get more sales, and be the #1 provider in your service area. Work with Top SEO Agency in Dublin that also provides quality Digital Marketing Optimisation services. 
Our Search Sngine Optimisation Consultants will improve your site performance in all major search engines by implementing the Best SEO Solutions, Strategies and Techniques. Let us help you increase organic traffic, get more leads, more customers, and grow your revenue with a customised affordable SEO package.
Fully Managed WordPress Hosting
FOOTER POST

footer

Get in touch

Globe Boss

Hampton Square
Dublin - Ireland
Tel: (+353)1 868 2345