Ecommerce company Amazon.com today said that its Amazon Web Services (AWS) public cloud computing infrastructure division generated $3.23 billion in revenue in the third quarter of the year. That means revenue was up 54.9 percent year over year.
AWS produced $861 million in operating income for the quarter, according to today’s earnings statement. The business unit had $2.21 billion in operating expenses.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":2092430,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,cloud,","session":"C"}']For its most recent four quarters, AWS has now fetched $11.08 billion in revenue for Amazon.
Above: A chart showing revenue growth for AWS through the years, updated for the third quarter of 2016.
AWS’ competitors include Microsoft Azure, the Google Cloud Platform (under the newly renamed Google Cloud), IBM SoftLayer, and the Oracle public cloud, among others.
AI Weekly
The must-read newsletter for AI and Big Data industry written by Khari Johnson, Kyle Wiggers, and Seth Colaner.
Included with VentureBeat Insider and VentureBeat VIP memberships.
AWS news in the quarter includes a price cut for storage snapshots through the Elastic Block Store (EBS), the launch of P2 GPU-backed instances, and the acquisition of Cloud9.
Amazon stock was down more than 6 percent in after-hours trading following the earnings release.
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn More