Browse DevX
Sign up for e-mail newsletters from DevX


AWS Posts 69% Increase in Revenue

The cloud computing leader brought in $7.9 billion in revenue last year.


Amazon has released its fourth quarter earnings report, including the figures for its Amazon Web Services (AWS) cloud computing unit. The cloud titan generated $2.4 billion in revenue for the quarter, 69 percent more than last year. For the full year, cloud revenues hit $7.9 billion for a 71.7 percent increase.

The company as a whole had $107 billion in revenue for 2015, which was 20 percent higher than 2014. And it generated net income of $596 million. Despite the impressive results, the company failed to meet Wall Street expectations, and Amazon stock fell following the news.

View article

Thanks for your registration, follow us on our social networks to keep up-to-date