Amazon reportedly posted another great fourth quarter, thanks to an increase in sales of Kindle range of tablet and e-readers, and increased membership in its subscription services such as the Prime membership. Amazon Web Services is another service from the Seattle-based company, and counts among its clients some major organizations such as NASA and the CIA. Analysts believe AWS added about $3 billion to Amazon’s coffers in 2013 and is poised to grow even bigger in 2014, as several large Chinese companies and government organizations are expected to start using the service.
A robust performance from its traditional retail arm is believed to have contributed to the stellar performance from Amazon. Net revenue could stand at $26.06 billion, up 22.5 percent over the $21.27 billion that the company made in Q4 2012. Amazon is expected to reveal its financial status for the said period on Thursday (5 PM EST).
With a keen interest in tech, I make it a point to keep myself updated on the latest developments in technology and gadgets. That includes smartphones or tablet devices but stretches to even AI and self-driven automobiles, the latter being my latest fad. Besides writing, I like watching videos, reading, listening to music, or experimenting with different recipes. The motion picture is another aspect that interests me a lot, and I'll likely make a film sometime in the future.
