Amazon is doing well in North America but still struggles overseas

Amazon reported third quarter results for 2018. The North American business was solid thanks to eco-device sales and cloud services. At the same time, we are minimizing losses in international markets.

In North America, Amazon earned $ 34.3 billion, up 35 percent from last year. Amazon Web Services continued to increase its sales by 46%. International sales are lagging behind and Amazon is still losing money in this sector. However, the loss for the quarter was only $ 385 million, compared with $ 336 million.

This is a story that can be seen on Amazon trucks along with a $ 1 trillion number. The company does not offer a sale breakdown for certain devices, but during the last quarter Amazon Prime Day knew that even if the site was temporarily broken, it was a big driver of sales. The company did not disclose the nature of the sale, but said it had purchased more than 100 million products close to the scale of the Cyber ​​Monday event last year when customers bought more than 140 million products.

One of the areas where Amazon is still confused is international sales. Alexa has developed a smart assistant, Alexa, to learn more languages ​​and expand eco products to other countries.

Overall, the company's net profit was $ 2.8 billion, an increase of more than tenfold, due to services provided to AWS sales, advertising, and third-party merchants.

Jeff Bezos Not all CEOs are rosy. The company expects to earn about $ 66.5 billion to $ 72.5 billion during the holiday season. Less than analyst expectations of $ 1 billion. The company said the main reason for the exchange rate is "undesirable effects".

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