The CEO of Amazon Web Services (AWS) Matt Garman provides a speech during the AWS Re: Invent conference in Las Vegas on December 3, 2024.
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Amazon On Thursday, he said that the increase in revenues from activities related to the cloud slowed down slightly to a little less than 19% year -on -year in the fourth quarter, there are barely noted analysts' estimates.
The company stated in a statement that Amazon Web Services generated $ 28.79 billion in revenues. Analysts surveyed by Streetaccount expected $ 28.84 billion. AWS growth in the third quarter was slightly above 19%.
AWS remains greater than any other cloud infrastructure supplier, overtaking Microsoft AND Google. His two closest peers Missive expectations ON Revenues from the cloud for the fourth quarter.
Amazon now receives 15% of total revenues from AWS. The department remains a key cash supplier for the company, providing just over half of its profit. AWS operating income amounted to $ 10.63 billion, which is an increase of 48% and above Streetaccount with $ 10.45 billion.
In the quarter, the leader of AWS, Matt Garman, said CNBC Apple he used Non -standard Amazon systems To launch artificial intelligence models and experiment with the new generation Amazon AI training processors.
During the annual conference again in Las Vegas in December AWS announced “Buy with AWS” A button that software companies can add to their websites for simpler purchase.
“AWS is a fairly large business according to most people's standards and although we expect the growth will be uneven in the next few years, because adoption cycles, capacity and technological progresses affect time, it is difficult to overestimate how optimistic we are about what is lying before AWS clients and business, “said Andy Jaszy, Amazon General Director and the original AWS boss during the conference connection with analysts.
Despite this, AWS may grow faster were it not for the deficiencies of motherboard, energy and processors.
Jassy said that fries from external partners “are approaching a little slower than before with many changes in the middle of the river, which take some time so that the equipment actually gives a percentage of healthy and high quality servers we expect.”
Provides the end of deficiencies in the second half of 2025.
Capital investments in the fourth quarter, including capital expenditure, exceeded $ 26 billion. Jassy said that most expenses concern AI in AWS.
In January, Amazon began to reduce the period of use of some servers and network equipment to five years from six years due to faster AI development pace. The change in accounting should reduce $ 700 million operating income, said Amazon financial director Brian Olsavsky.
TO WATCH: Watch a full CNBC interview with the vice president of AWS Infrastructure of Pragad Kalyanaraman
