Amazon AWS Revenue
October 25, 2019
Amazon’s third quarter 2019 results revealed that net sales went up. The number of interest in Harrod’s Creek is AWS. The company’s data report:
- AWS revenue hit $9 billion, up from $6.7 billion in the third quarter of 2018
- Amazon rolled out a fully managed service for business forecasting
- The Quantum Ledger Database is now available as a fully managed service
- AWS cut prices of storage for several classes of service.
Net net: Plenty of cash but Microsoft’s cloud service may be nibbling at some service areas in which Amazon had minimal competition for a number of years.
Stephen E Arnold, October 25, 2019
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