The reaction to Amazon’s phenomenal Q2 2016 earnings was confounding. The stock price for the online retail and cloud services colossus barely moved in response to numbers that easily surpassed analysts’ expectations and showed net profitability for the fifth straight quarter. A confident Jeff Bozos credited Amazon Prime, India expansion plans, Amazon Dash’s introduction to the U.K., and Echo, Amazon’s Alexa-equipped home speakers, with the company’s continued strength. Amazon’s stock started to climb in after-hours trading.
Here are some key figures from Amazon's Q2 earnings data:
$30.4 billion | Amazon's Q2 revenue (analysts had expected $29.55 billion)
1,900 | The number of third-party skills available on Amazon Alexa
150 | The number of Amazon Dash buttons, with 50 of those being added in this past quarter
60% | The year-over-year worldwide growth seen on Amazon Prime Day
40% | The rise in Amazon's stock price over the past year