TechCrunch: Yesterday, online retailer Amazon.com reported stronger than expected sales for the second quarter — $9.9 billion, a 51 percent year-over-year increase. Although net income was down for the quarter, it beat analyst expectations, sending the stock price soaring. Wednesday morning, the company’s shares were trading at $225, giving it a market cap of $101.81 […]
Datamation content and product recommendations are
editorially independent. We may make money when you click on links
to our partners.
Learn More
TechCrunch: Yesterday, online retailer Amazon.com reported stronger than expected sales for the second quarter — $9.9 billion, a 51 percent year-over-year increase. Although net income was down for the quarter, it beat analyst expectations, sending the stock price soaring. Wednesday morning, the company’s shares were trading at $225, giving it a market cap of $101.81 billion.
By comparison, HP’s current market cap is around $76 billion, and eBay’s is about $43 billion.
SEE ALL
ARTICLES