Amazon cloud server for business2/10/2023 ![]() ![]() ![]() analyst Dan Kurnos said of the AWS results. Shares jumped 6 percent, to $414.50, after hours, as overall sales beat analysts' estimates, though the company swung to a loss as it continues to spend on new projects. "Amazon Web Services is a $5 billion business and still growing fast - in fact it's accelerating," Bezos said in a statement Thursday. The numbers showed that AWS was by far Amazon's most-profitable business, by operating margin. ![]() The company on Thursday reported results for the first three months of 2015 that show Bezos' earliest spending effort - a business that rents data storage and computing services over the cloud - is paying for itself.įor the first time, Amazon broke out the financial results for its Amazon Web Services business, which the company launched in 2006. Amazon CEO Jeff Bezos says the company's cloud services business is still growing fast.Īmazon CEO Jeff Bezos has been one of the industry's big spenders as he strives to make the company all things to all people, fashioning Amazon as a grocery store, entertainment producer and device maker. ![]()
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