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Tag: Amazon’s cloud computing business


Amazon says AWS revenue jumped 46 percent in third quarter

26

Oct 2018

Amazon says AWS revenue jumped 46 percent in third quarter

Amazon’s cloud computing business grew 46 percent in the third quarter, trailing analysts’ estimates. Amazon Web Services generated revenue of $6.68 billion in the quarter, compared with the average estimate of $6.71 billion, according to analysts polled by FactSet. AWS accounted for 12 percent of Amazon’s total revenue. It’s the world’s biggest provider of public cloud infrastructure, well ahead of Microsoft, Alphabet and others. While Amazon has a number...

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