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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