Amazon made a record profit of around three billion US dollars in the fourth quarter of 2018, an increase of 63 percent compared to the previous year. The company's cloud offering has probably made the most important contribution to the good development of business figures in the last few quarters.
In the fourth quarter of 2018, Amazon recorded a record profit of around three billion US dollars, an increase of 63 percent over the previous year. The company's cloud offering probably made the most important contribution to the good development of business figures in the last quarters.
Cash Cow Cloud
Between October and December, Amazon's Cloud Service (AWS) generated an operating profit of $2,177 million - more than half of its operating profit. And this despite the fact that the division only contributes ten percent to Amazon's total sales.
Between October and December, Amazon Cloud Service (AWS) generated an operating profit of $2,177 million, or more than half of its operating profit. This is despite the fact that the division only accounts for ten percent of Amazon's total sales.
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