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Among the 41 industries surveyed, 31 posted year-on-year profit growth during the first five months.

Amazon’s hardware refresh shows how the company will position itself against Apple, Samsung and other rivals for the upcoming holiday season. As expected, the new lineup does not include a new version of the ill-fated Amazon Fire Phone. Executives?declined to say whether?Amazon’s smartphone will be resurrected.

Among all concerns, stability of tax policies and industry entry barriers receive the highest attention, said EY citing the result of a survey conducted in regions that see most active outbound investments.

Amazon’s growth in physical retail raises natural concerns among many of the same traditional retailers whose businesses have been undercut by the company’s online prowess. In a special report on the company, the Economist cites the possibility of new regulatory scrutiny for the company in the future. “If Amazon does become a utility for commerce, the calls will grow for it to be regulated as one,” the magazine concludes. “Shareholders are right to believe in Amazon’s potential. But success will bring it into conflict with an even stronger beast: government.”

Amazon’s headcount has grown rapidly over the last few years, though hiring has slowed recently. Amazon finished the second quarter with a worldwide headcount of 653,300 people, up 13 percent year-over-year.