Amazon: First quarter results
9 Articles
9 Articles
Amazon obtained better results than expected in the first quarter of 2025, driven by the dynamism of remote computing (cloud) and artificial intelligence (AI).The net gain skyrocketed 64% year-on-year, up to $17.1 billion, according to a statement published on Thursday.By action, the figure most followed by Wall Street, was $1.59, better than the $1.37 forecast by analysts.The growth of the Seattle group is driven by the cloud (+17%), whose grow…
Net profit jumped by 64% over a year, to $17.1 billion, according to a press release released on Thursday.
Amazon and Apple reveal latest growth for digital services
The week of Big Financial Results continues with Amazon and Apple. Amazon’s net sales were up 9% year-on-year to $155.7bn, although the part most relevant for the music industry is the company’s ‘subscription services’ total. That was also up 9% year-on-year, to $11.72bn. It includes Amazon Music, but also Prime memberships, Prime Video, Audible and more. One extra […] The post is from Music Ally.
The e-commerce giant Amazon has presented its figures for the first quarter of 2025. Sales rose by 9 percent to 155.7 billion dollars (144.8 billion euros) compared to the same period of the previous year. The AWS cloud business developed particularly well for the company with... To the report: Amazon presents a strong first quarter of 2025 You can support us with any of your Amazon purchases. Your price remains the same, we receive a small com…
Amazon’s massive Q1 capex bill fuels AWS growth, AI chip R&D
Amazon’s Q1 capex bill topped $24bn Much of that went towards infrastructure expansion at its hyperscaler unit Amazon Web Services (AWS) and development of its own AI processors The investments are paying off, as AWS’s sales grew by 17% to more than $29bn in the first three months of 2025
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