Power investment in china. First, to our lead. A string of tech beats. I want to start with amazon, shares spiking 13 . Now nearly double where they stood last year. Revenue soaring 23 . 25. 4 billion. Profit increasing 118 to 79 million. Yes, amazon turning a rare profit. Another important number, operating cash flow, 9. 8 up 72 . Billion, the boost coming from sales on prime day. Cloud, whichzons made up 52 of profit. For joining me is the author of a book on amazon, every time amazon turns a profit, people go crazy. Are these numbers good . Guest the profit number is always kind of meaningless. They have pulled back a little bit. What we see now is that every part of the business is working really well. The fly wheel is turning. A surprise on 25. 4 billion in quarterly sales. Next quarter, this company is going to pass 21 years 100 billion in sales, the fastest in history. Retail ecommerce itself is growing around 15 . Retail, as we saw with walmarts numbers is basically flat. , ama
Apple lets the sun shine in the company, doubling down on solar Power Investment in china. First, to our lead. A string of tech beats. I want to start with amazon, shares spiking 13 . Now nearly double where they stood last year. Revenue soaring 23 . 25. 4 billion. Profit increasing 118 to 79 million. Yes, amazon turning a rare profit. Another important number, operating cash flow, 9. 8 billion, up 72 . The boost coming from sales on prime day. Growth in amazons cloud, which made up 52 of profit. Joining me is the author of a book on amazon, every time amazon turns a profit, people go crazy. Are these numbers good . Guest the profit number is always kind of meaningless. They have pulled back a little bit. What we see now is that every part of the business is working really well. The fly wheel is turning. A surprise on 25. 4 billion in quarterly sales. Next quarter, this company is going to pass 21 years 100 billion in sales, the fastest in history. Ecommerce itself is growing around 15
Company, doubling down on solar Power Investment china. With amazon,rt shares spiking 13 . Where theydouble stood last year. Revenue soaring 23 . To 79increasing 118 million. Important number, operating cash flow, 9. 8 billion. Up 72 . The boost coming from sales on prime day. Amazon classmate up 52 of profit. For joining me is the author of , every timeazon amazon turns a profit, people go crazy. The prophet number is always kind of meaningless. They have pulled back a little bit. What we see now is that every part of the business is working really well. The fly wheel is turning. Salesbillion in quarterly. For this company is going to pass 21 years 100 billion in sales, the fastest in history. Ecommerce itself is growing around 15 . Etail is basically flat amazon is taking customers away. People are buying more from amazon. Lets talk about that, 52 of profit. That is huge. Someday, it could be bigger than the retail business. It is amazing how this is a business that nobody understood
Still, the unacceptable problems that weve seen like long wait times and some veterans not getting the timely care that they need is a challenge for all of us. If we are to match our words with these. And my message to every single veteran, to veterans all across this country is that i am still not satisfied and bob mcdonald is still not satisfied and we are going to keep investing in the facilities and the physicians and staff to make sure that our veterans get the care that you need when you need it. That is our obligation and were not going to let up. [applause] president obama our tributes today will also ring hollow if we dont provide our veterans with the jobs and opportunities that you need when you come home. Thats why weve helped more than 1. 5 million veterans and their families pursue an education under the post9 11 g. I. Bill. Thats why we work to make sure that every state now provides veterans and their families with instate tuition. Thats why we are fighting to make it e
Missing. His dog was found wounded and is expected to recover. German automatic volkswagen preparing for a recall because of the emissions rigging scandal here in the u. S. And kpix 5s kiet do joins us live in san jose to explain what vw customers can expect to happen. Quite a mess on their hands, kiet. Good morning. Reporter good morning. Volkswagen says if all goes as planned in that recall, it will begin in january. Then all 11 million affected vehicles should be fixed by the end of next year. In most cases, it is a simple Computer Software update. But some cars could be getting new injectors or catalyzers. Volkswagen might even have to set up temporary specialist workshops to deal with complex cases. With all the various models in the country, vw has to come up with thousands of fixes. They set aside 7 billion to pay for the recall and will likely face steep fines from the epa for rigging those engines to trick smog detectors to allow the vehicles to emit 10 to 40 times the legal l