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Amazon Web Services earnings Q4 2021

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Adam Selipsky CEO, Amazon Web Services

CNBC

AmazonAmazon Web Services announced Thursday that its cloud division saw growth accelerate in 2014. fourth quarterOutperforming analyst’s predictions.

Performance at this 15-year-old leader in remote computing, storage, and database services demonstrates a shift from traditional data centers at schools, governments, and corporations.

According to a statement, the AWS business earned $17.78 million in quarterly revenue. It’s a 39.5% increase in revenue year over year, which is more than StreetAccount’s $17.37 trillion consensus. AWS revenues grew by almost 39% between 2009 and 2010. the third quarter.

This quarter, the unit had $5.29 Billion in operating income. That’s almost 49% more than StreetAccount consensus of $4.84 Billion.

Amazon has almost 13% revenue from AWS. However, cloud accounts for 37% percent of Amazon’s overall operating income.

It is possible. more than half of AWS revenueis from EC2, which was one of the first offering, and also the one that offers fundamental virtual machines through instances that are used by third-party developers. Amazon unveiled a new measure of the adoption of EC2 instances on its own semiconductors, rather than instances sitting atop. AMDOder Intel silicon. According to the company, 48 out of 50 top EC2 users by usage use AWS’ Arm-based graviton2 chips. became available for previewDecember 2019,

AWS launched a variety of new services in the fourth quarter at Las Vegas’ Reinvent conference. Customers can also use the tool to manage their AWS account. private 5G networks. You also have it launched a regionData centers in Indonesia However, a series of AWS outagesThis caused issues with Coinbase and Disney+ in December.

This is important breaking news. Stay tuned for new updates.

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