Amazon Web Services is now a nearly billion-a-year cloud-computing machine

Amazon’s cloud-computing division generated $2.57 billion in revenue in the first quarter, the company reported today (April 28). Over the past four quarters, Amazon Web Services has reaped $8.88 billion in sales. Revenue from AWS grew 64% year-over-year, compared to 49% a year ago. The division is, however, showing signs of deceleration compared to the previous three quarters, when growth varied between 69% and 82%. Operating income for AWS totaled $604 million in the first quarter and $2.2 billion over the past four quarters. AWS accounted for 36% of Amazon’s consolidated-segment operating income in the first quarter, despite generating about 9% of the company’s sales. The cloud has proven to be a bright spot for AWS’s rivals as well. Even as Microsoft reported falling revenue from PCs and Windows, its…


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