Amazon Web Services reports 45 percent jump in revenue in the fourth quarter

Amazon Web Services reports 45 percent jump in revenue in the fourth quarter

5 years ago
Anonymous $Dftgs0JzgE

https://www.cnbc.com/2019/01/31/aws-earnings-q4-2018.html

Amazon's cloud-computing division said revenue jumped 45 percent in the fourth quarter, as the company continued to cement its lead over Microsoft and Google.

Sales at Amazon Web Services climbed to $7.43 billion from $5.11 billion a year ago, topping the $7.29 billion consensus estimate among analysts polled by FactSet. AWS revenue represented 10 percent of total quarterly sales at Amazon.

Amazon Web Services reports 45 percent jump in revenue in the fourth quarter

Jan 31, 2019, 9:35pm UTC
https://www.cnbc.com/2019/01/31/aws-earnings-q4-2018.html > Amazon's cloud-computing division said revenue jumped 45 percent in the fourth quarter, as the company continued to cement its lead over Microsoft and Google. > Sales at Amazon Web Services climbed to $7.43 billion from $5.11 billion a year ago, topping the $7.29 billion consensus estimate among analysts polled by FactSet. AWS revenue represented 10 percent of total quarterly sales at Amazon.