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- Amazon’s cloud unit grew faster than analysts had expected in the third quarter, as companies continue to rely on its computing and storage infrastructure to run websites and applications. Revenue from Amazon Web Services totaled $16.11 billion in the quarter, up almost 39% from a year ago, according to a statement.
www.cnbc.com/2021/10/28/aws-earnings-q3-2021.html
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- AMZN AWS Revenue
- AMZN Labor and Supply Chain Challenges
- AMZN Guidance
Amazon's AWS revenue rose 38.9% compared to the year-ago quarter, its fastest pace since the first quarter of FY 2019. AWS is Amazon's cloud computing platform. It offers developers a range of on-demand technology services, such as compute, storage, database, analytics, machine learning, and other services.These services are primarily used by start...
CEO Andy Jassy said that Amazon's consumer business is likely to incur several billions of dollars of additional costs due to labor supply shortages, higher wage costs, global supply chainissues, and higher freight and shipping costs.
Amazon expects its net sales for the fourth quarter to be between $130.0 billion and $140.0 billion, or an increase of between 4% and 12% compared to the year-ago quarter. Operating income is expect to fall to somewhere between $0 and $3.0 billion. Amazon's next earnings report (for Q4 FY 2021) is estimated to be released on Jan. 31, 2022.
Oct 29, 2021 · Amazon has reported 39% year-on-year growth for its public cloud division AWS and posted overall third quarter revenue of $110.8bn, up 15% on the same year-ago period.
first year of the pandemic, AWS revenue continued to grow at a rapid clip—30% year over year (“YoY”) in 2020 on a $35 billion annual revenue base in 2019—but slower than the 37% YoY growth in 2019.
Amazon.com’s overall revenue grew to $110.8 billion in the third quarter -- up 15.2 percent from its $96.14 billion generated in the same period of 2020 – but missing analysts’ consensus...
Oct 28, 2021 · Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2021. Operating cash flow decreased 1% to $54.7 billion for the trailing twelve months, compared with $55.3 billion for the trailing twelve months ended September 30, 2020.
Feb 2, 2021 · In 2020, Amazon increased square footage across its fulfillment and logistics network by 50%, dedicated 60% of fulfillment center capacity to seller products, and postponed annual selling fee adjustments until June 2021. As part of the AWS Activate program, Amazon provided more than $1 billion in AWS credits during 2020 to help early stage ...
