Amazon.Com Inc (AMZN US) grew Revenue in 2Q16 by 31% YoY, in line with consensus, but its fully-diluted EPS YoY increase of 9x is double that of consensus, driven by higher margin and lower taxes. Online retail revenue growth has been accelerating, especially internationally. That was likely driven by Amazon's success in India and Europe. But China could also see upside. Margin was rising across the board. For AWS (cloud service), even though revenue growth has moderated slightly to 58%...
This insight is part of Smartkarma. For more follow this link.
This post first appeared on Smartkarma | Intelligent Investing, please read the originial post: here