Amazon continues to boast the figures
Amazon is poised to succeed his bet and has improved results for its first quarter of 2016 . A course led growth by the success of its public cloud business, Amazon Web Services, which continues to dominate without much trouble its market sector.
Business: Amazon unveiled its figures for the first quarter of 2016 and not surprisingly, the group’s results are driven by its AWS public cloud, whose turnover jumped 64% over the same period last year.
In the first quarter 2016, Amazon has achieved a turnover of 29.1 billion, an increase of 28% compared to last year. The company also garnered a net profit of $ 513 million. But it is the results of Amazon Web Services that are of interest to most observers.
Target of $ 10 billion in 2016
The public cloud leader displays an insolent health with a turnover of 2.6 billion dollars against 1.6 billion in Q1 2015. An increase of about 64% so, while operating income Password $ 580 million in the last quarter of 2015 to 604,000,000. Amazon and does not intend to stop halfway, as the company announced target of $ 10 billion in annual sales for the year 2016.
Jeff Bezos had already explained in a letter to shareholders that the success of AWS was made possible by the very open strategy to risk-taking that had governed the development of this subsidiary.Innovation comes first at AWS, which used the results to announce the addition of 214 new features and services in the first quarter 2016.
Besides this particular strategy, Amazon Web Services also enjoyed a very aggressive pricing to win over the public cloud industry, and now intends to maintain its leadership.