Amazon has today released its financial results for the second quarter of 2014, but didn’t provide specific numbers for its product sales or what it has gained from its services.
It did however announced that the Fire TV has “significantly exceeded” sales forecasts, which has forced the company to increase its manufacturing output of the device according to the company.
Amazon also announced that Amazon Prime members has streamed tens of millions of songs and have added millions of songs and playlists to their libraries in a week after the service’s release.
They also revealed that their new Sunday delivery service is now handling millions of packages, but again didn’t reveal any specific numbers.
In terms of figures, Amazon reported its biggest quarterly loss since 2012, with a total loss of $126 million for Q2, despite revenue rasing by 23 percent year over year, at $19.3 billion.
Operating expenses also increases 24 percent to $19.4 billion.
“We continue working hard on making the Amazon customer experience better and better,” said Jeff Bezos, founder and CEO of Amazon.com. “We’ve recently introduced Sunday delivery coverage to 25% of the U.S. population, launched European cross-border Two-Day Delivery for Prime, launched Prime Music with over one million songs, created three original kids TV series, added world-class parental controls to Fire TV with FreeTime, and launched Kindle Unlimited, an eBook subscription service. For our AWS customers we launched Amazon Zocalo, T2 instances, an SSD-backed EBS volume, Amazon Cognito, Amazon Mobile Analytics, and the AWS Mobile SDK, and we substantially reduced prices. And today customers all over the U.S. will begin receiving their new Fire phones — including Firefly, Dynamic Perspective, and one full year of Prime — we can’t wait to get them in customers’ hands.”
Amazon’s shares fell in response to the announcement by 5% in after-hours trading.
You can find out more about the results at the link below.