Amazon, Foundering? (videos)

Amazon Misses In Q2 With In-Line Sales Of $19.34B, Larger Than Expected Per-Share Loss Of $0.27 | TechCrunch: "Amazon reported its second quarter financial performance including a $0.27 per share loss on revenue of $19.34 billion. Analysts had expected Amazon to lose $0.15 on revenue of $19.34 billion. For the quarter, Amazon’s revenue grew 23% when compared to the year-ago quarter. It had operating income of -$17 million, down from its year-ago tally of $79 million. The company had a net loss of $126 million in the quarter, up many-fold from its $7 million net loss in the year-ago period."

Amazon's Loss Widens as Bezos Keeps Spending: Video - Bloomberg:
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July 24 (Bloomberg) -- KCG Holdings' A.B. Mendez, Knoll COO Lynn Utter and Bloomberg's Cory Johnson break down Amazon's second-quarter loss on "Street Smart." (Source: Bloomberg)

Is Amazon Overextending Its Reach?: Video - Bloomberg:
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July 24 (Bloomberg) -- BGC Partners' Colin Gillis and Bloomberg's Adam Satariano comment on Amazon's second-quarter loss and business strategy. They speak with Emily Chang and Cory Johnson on "Bloomberg West." (Source: Bloomberg)

Amazon Media Room: Press Releases: "The AWS team grew by thousands of employees this past year, expanding AWS infrastructure, enterprise and public sector sales capabilities and allowing the team to innovate at an accelerating pace. With 250 significant service and feature releases year-to-date, and substantial price reductions for customers starting in the second quarter (28% to 51% depending on the service), AWS continues to grow strongly, with usage growth close to 90% year-over-year in the second quarter. AWS announced a new general purpose instance type for Amazon Elastic Compute Cloud (EC2). With On Demand Instance prices starting at $0.013 per hour, the new T2 instances are the lowest-cost Amazon EC2 instance option and are ideal for Web servers, developer environments, and small databases. AWS announced several new capabilities to make it easier for developers to build, deploy, and scale mobile applications, including Amazon Cognito for identity management and syncing, Amazon Mobile Analytics to visualize and understand app usage data, and an AWS Mobile SDK, which provides easy, mobile-optimized access to other AWS services to power mobile apps that can scale from tens to hundreds of millions of users. AWS announced Amazon Zocalo, a fully managed, secure enterprise storage and sharing service with strong administrative controls and feedback capabilities that improve user productivity. With Amazon Zocalo, customers can store, share, and gather feedback on documents, spreadsheets, presentations, webpages, images, PDFs, or text files — from the device of their choice. AWS further enhanced its reliable, secure block storage service, Amazon Elastic Block Store (EBS), announcing new encryption capabilities, introducing a new lower-cost SSD-backed EBS volume type, and reducing prices on EBS Provisioned IOPS volumes by 35 percent."

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