Amazon, which started with online book sales, has become a global e-commerce giant and a top cloud computing service provider after more than 20 years of development. Significantly higher than other manufacturers.
Amazon’s financial report released on Thursday local time showed that their cloud computing business revenue reached 13.503 billion US dollars in the first quarter of this year, higher than 10.219 billion US dollars in the same period last year, and higher than 12.742 billion US dollars in the previous quarter.
The quarter-on-quarter growth in the first quarter means that the revenue of Amazon’s cloud computing business has continued the momentum of quarter-on-quarter growth, maintaining growth for 27 consecutive quarters.
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The last time the revenue of Amazon’s cloud computing business fell compared to the previous quarter was in the second quarter of 2014. That quarter’s revenue was US$1.05 billion, which was less than the US$1.05 billion in the previous quarter.
Revenue has maintained growth for 27 consecutive quarters, and the revenue of Amazon’s cloud computing business has also increased significantly. The most recent quarter’s revenue was US$13.503 billion, which was 13.44 times the US$1.005 billion in the second quarter of 2014.
In the 25 quarters from 2015 to the present, the cloud computing business has also brought a lot of revenue to Amazon. In these 25 quarters, revenue reached 157.112 billion U.S. dollars.
