AWS Quarterly Sales Exceed $2 Billion

AWS Quarterly Sales Exceed $2 Billion

Amazon Web Services had a very good quarter. According to the company’s latest financial report, AWS brought in $2.085 in revenue for the quarter, up from $1.169 billion last year, which is a 78 percent increase. Operating income for the cloud computing group was $521 million, up from $98 million in the third quarter of 2014.

Overall, the company posted $25.4 billion in net sales and earnings of 17 cents per share. That far exceeded the expectations of analysts who were predicting a loss of 13 cents per share. Amazon’s stock price jumped up after the earnings announcement.

View article

See also  20 Real-World Examples of Embedded Systems

About Our Editorial Process

At DevX, we’re dedicated to tech entrepreneurship. Our team closely follows industry shifts, new products, AI breakthroughs, technology trends, and funding announcements. Articles undergo thorough editing to ensure accuracy and clarity, reflecting DevX’s style and supporting entrepreneurs in the tech sphere.

See our full editorial policy.

About Our Journalist