Amazon’s web revenues jumped by 32 percent in the first quarter, thanks to its cloud operations.
AWS’ total revenue from January to March was $13.5 billion, a significant increase from $10.2 billion in the first quarter of last year and 12 percent of Amazon’s total revenue.
The outfit beat the fourth quarter’s 28 percent growth rate and matched that of the first quarter last year while also contributing $4.1 billion in operating income, up from $3 billion in the first quarter last year.
Amazon CEO and founder Jeff Bezos said: “Two of our kids are now 10 and 15 years old – and after years of being nurtured, they’re growing up fast and coming into their own.”
Amazon’s overall revenue increased by 44 percent year on year to $108.5 billion, with net income more than tripling to $8.1 billion.
Adam Selipsky is set to become the new AWS CEO when Andy Jassy takes over from Jeff Bezos this year.
