Amazon Web Services (AWS), world’s largest cloud service While trying to consolidate its position as an international market, it recorded another record quarter growth. Amazon says its AWS revenues are up forty percent, which is the company’s $17.78 billion He said it helped him make a profit.
Relying on its AWS arm recently, Amazon said its revenue grew 40 percent in the fourth quarter to $17.8 billion. Operating income increased by 49% compared to the previous year. $5.29 billion output. Both of these significantly outperformed analysts’ forecasts.
Annoying hike decision from Amazon Prime!
Amazon Prime price hiked in the US. The monthly fee of the service, which offers free and fast delivery, has increased by $ 2 and the annual fee has increased by $ 20.
AWS revenues rose 40 percent to over $17 billion
Amazon CEO Andy Jassy He seemed satisfied with the results. “Despite these short-term challenges, we continue to feel optimistic and excited about the business as we emerge from the pandemic. When you combine how we employ and scale our fulfillment network to deliver even faster delivery to more customers, AWS’ remarkable growth results.” said.
The earnings report for Q4 of 2021 seems to be sufficient for Amazon in general. 13% of Amazon’s total revenue now comes from AWS, and a staggering 153% of the company’s total operating revenue is generated from the cloud, in part due to losses in other segments.
Microsoft Azure and Google Cloud While it has been catching up for a while, AWS has once again proven the enviable success that forward planning, hard work, and perfect timing have brought to the e-commerce giant.
It also came despite AWS experiencing two high-profile outages during the quarter. In October 2021, multiple outages brought down large portions of the AWS network and Facebook, Disney Plus, Alexa customers were affected. Another big problem followed in December 2021. The outages have once again affected the major platforms of the internet, putting many AWS users offline for several hours.
tech giant, of Amazon Prime It also announced that its annual and monthly memberships will increase. It looks like Amazon founder Jeff Bezos could get himself a nice gold plating on his next rocket ship.
You can share your views on the Amazon earnings report in the comments section and on the SDN Forum.