Welcome. A blowout quarter from amazon that few curve predicted. The Online Retailing powerhouse continued to drive along to get people the items they want at their doorstep when they want them. And its efforts are paying off. More customers joined its prime Loyalty Program and revenue jumped in its Cloud Services businesses. Look at the numbers. Amazon reported earnings of 1. 07 a share, estimates were almost half that fay cents a share. Sales of 29 billion were 28 higher than a year ago surpassing not only wall street estimates but amazons own forecasts and as for shares, they took off. Initially in afterhours trading, there is a chart of them. Josh lipton has more on amazons strong results. Reporter 1. 1 billion. That was a big number in amazons earnings release. It refers to the operating income that amazon reported for the first quarter, and it was way above analyst estimates. Aaron kessler of Raymond James says that number proves two points. One, amazon candle straight leverage w
From 770 to 1,000. They see e strong trajectory from the retail to cloud. They say that amazon is so profitable, it is harder and harder for the company to find way t ways to spend all of the money. Separately, amazon announcing a youtube competitor called video direct, dennis, which has some irony in it, because just when the analyst says that they have run out of things to invest in, and here is a brandnew thing to invest in. I have known that jeff bezos for over 20 ways will find a way be it drones or videos. You cannot deny amazon as of late. The store riff to success is about the aws, the amazon cloud services, and if you are looking at the growth from that business, and the last quarter, they drew about 15 of the revenues and had about the same amount of profit as the rest of the quote, unquote amazon. Here is my predick is shun for you, at some point the performance is so great they have to spin it off as a separate company. That is interesting, and people would disagree with me
Hurting womens causes . Hello, im bonnie erbe. Welcome to to the contrary, a discussion of news and social trends from diverse perspectives. Up first, the white house pay gap. Does president obama practice what he preaches . Former hp president and republican president ial candidate Carly Fiorina reignited that pay equity debate this week. Fiorina confronted obama Senior Adviser Valerie Jarrett charging that the president is not paying women equally, by his own measures in his own white house. Jarrett refuted the charge saying white house women staffers are paid equally. Theyre both sort of right. According to white house salary data released last july, the average male staffer earns just more than 88,000 per year while the average woman staffer earns just more than 78,000 per year. The reason, as fiorina referenced, is that men are likely to be in more senior positions reaction to his comments during state of the union, will it ignite a new debate over pay equity . Bonnie, i think, br
The u. K is former finance minister says hes going to stand for Prime Minister rush use an ac, says hes gonna fix the economy and deliver for the u. K. Ah, come about us in this is on his you, alive from doe have also coming up. Gunman, storm a hotel in southern somali of at least 5 people are dead. Down rubashaw. Bob says its responsible, chinas president , she, jim painted a 3rd time as the head of the ruling communist party. We packs the leadership with loyalists, a message of peace from baghdad to the world. Our performers are hoping to inspire others through their theatre festival. Ah, there are not 2 people vine to become the you case. Next, Prime Minister, former chancellor wishes snack officially announced that hes running a few hours ago. Candidates hoping to enter number 10 dining street have just a day left to gather the support of a 100 m. P. s. Former Prime Minister ball as johnson is expected to be soon acts main challenger, but he is yet to announce whether hes going to
Former u. K. Finance minister richey soon act officially announced his candidacy to be the next Prime Minister. Ah, it is good to have you with this. Im cyril benya. This is l 0. Live from dough. Also coming up this hour, at least 5 people have been killed during an attack in the somali port city of kiss my o. Chinas choosing penas appointed communist party leader for a 3rd term and the face of rising tensions with the west. And a message of peace from baghdad. We meet the theatre performance using art to solve conflict. Ah, lets start in the united kingdom, where former chancellor, where she soon has officially announced that he will run to become the next Prime Minister. Candidates hoping to enter a number 10 downing street have just a day left to gather the support of 100 m ps. Former Prime Minister boys johnson is expected to be soon ex main challenger. However, he is yet to announce his candidacy. He met snacks, the talks on saturday. At tallies by british media suggest that soone