2020-02-03 17:16
Technology
Alex Lowe

AWS alone, generated two thirds of Amazon’s profit for Q4 2019

AWS alone, generated two thirds of Amazon’s profit for Q4 2019

We mentioned earlier today that Amazon had hit 150 million Prime members worldwide during the fourth quarter of 2019 and also, the lesser known side to Amazon, Amazon Web Services (AWS) has generated a lot of profit for the company in the last financial quarter.

AWS is Amazon’s cloud platform which businesses and customers can host websites, services, storage and much, much more. AWS generated two thirds of the profit Amazon made in Q4 2019. AWS pulled in around $10 billion revenue and profit was $2.6 billion.

“We continue to see a lot of momentum with customers across a wide range of industries, from startups to enterprise customers and public sector”

Brian Olsavsky – Amazon CFO

Alex Lowe

AWS alone, generated two thirds of Amazon’s profit for Q4 2019

Alex Lowe is the owner and editor of the interface and started the website in 2013. He publishes the majority of the content on the website, hosts the three podcasts and the runs the YouTube channels. Alex has a professional background in computer networking, FWA and WiFi.

Other Posts

RØDE launches new third generation Wireless GO microphones
New third gen RØDE microphones offer multiple colour options and features from the Pro models
Apple introduces new redesigned iPad mini
New sixth generation iPad mini revealed featuring same design as the iPad Air with prices from £479
Apple announces new HomePod mini and it’s only £99
New HomePod mini announced, for just £99
Apple to launch Emergency SOS via Satellite in the UK next week
Apple SOS via Satellite will come to the UK next week. The feature allows iPhone users to get emergency assistance in places without phone signal