More of the Same From Amazon

by
,

Amazon delivered more of the same in yesterday’s earnings presentation as the company continues to favor growth over profits. For years now, Amazon’s founder and CEO Jeff Bezos has made a point of sacrificing short-term profits in favor of investments aimed at long-term success, as our chart nicely illustrates.

One of these long-term investments is now bearing fruit, as the company revealed in yesterday’s earnings report: Amazon Web Services, the company’s quickly growing cloud storage division, generated $1.57 billion in revenue between January and March and is on track to generate $1 billion in profits this year. On a revenue run rate of $6+ billion per year, Amazon’s cloud business is on par, if not bigger than those of industry heavyweights such as IBM and Microsoft.



Infographic: More of the Same From Amazon | Statista
 Report
Related Infographics
  • IBM
    Top 10 U.S. Patent Recipients in 2016

    This chart ranks the Top 10 recipients of U.S. patents in 2016.

  • Apple
    Apple Takes the Wireless Headphone Market by Storm

    This chart shows the most popular wireless headphone brands in the U.S. before and after Apple's AirPods went on sale.

  • Amazon
    45,000 Robots Form Part Of Amazon Workforce
  • Artificial Intelligence (AI) worldwide
    Virtual Reality Content Set To Outpace Hardware by 2018

    This chart illustrates revenue growth within the VR market, by segment type (2017 – 2020).

  • Apple
    Apple's Growth Since Re-Hiring Steve Jobs 20 Years Ago

    This chart illustrates Apple's revenue growth over the past 20 years.

You may also be interested in...
Infographic Newsletter

Statista offers daily infographics about trending topics covering Media and Society.

Download & Reference

More statistics about...
Show more
You may also be interested in...
FAQ
Who may use the "Chart of the Day"?
The Statista "Chart of the Day", made available under the Creative Commons License CC BY-ND 3.0, may be used and displayed without charge by all commercial and non-commercial websites. Use is, however, only permitted with proper attribution to Statista. When publishing one of these graphics, please include a backlink to the respective infographic URL.

Which topics are covered by the "Chart of the Day"?
The Statista "Chart of the Day" currently focuses on two sectors: "Media and Technology", updated daily and featuring the latest statistics from the media, internet, telecommunications and consumer electronics industries; and "Economy and Society", which current data from the United States and around the world relating to economic and political issues as well as sports and entertainment.

Can Statista create customized charts?
Absolutely! For information on tailor-made and sector-specific Charts of the Day, please contact Robin Hüdepohl
(robin.huedepohl@statista.com).