It turns out e-commerce giant Amazon’s cloud computing business, in the third quarter of this year, has got revenue up to $9 billion. Thus, it continues the growth momentum in recent years.
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The financial report shows that Amazon’s cloud computing business (AWS) revenue was $8.995 billion in the third quarter of this year.
By the way, in the third quarter of last year, Amazon’s cloud computing business revenue was $6.679 billion. In this comparison, we can see the increase was $2.316 billion, a year-on-year increase of 34.7%.
At the same time, AWS revenue also continued to grow. In the third quarter of this year, its revenue was increased by $614 million, a growth rate of 7.3%. As for your knowledge, the previous quarters’ revenue was $8.381 billion.
The third-quarter revenue growth shows that Amazon’s cloud computing business continued its growth momentum in revenue, maintaining growth for 20 consecutive quarters. Amazon’s cloud computing business fell last time in the second quarter of 2014. Its revenue for the quarter was $1.05 billion, down from $1.05 billion in the previous quarter.
The cloud computing business has been the main source of Amazon’s profits in recent years, and the third quarter is no exception. The operating profit of the cloud computing business for the quarter was $2,261 million, up from $2.077 billion in the same period last year. It accounted for 71.6% of Amazon’s total operating profit of $3,157 million in the third quarter.