Shulou(Shulou.com)11/24 Report--

April 28 news, according to foreign media reports, Amazon released financial results show that the cloud computing business, as their main source of profit, although revenue still maintained growth in the first quarter compared with the same period last year, but slightly declined compared with the same period last year, and operating profits also declined compared with the same period last year.

In terms of results, Amazon's cloud computing business had revenue of $21.354 billion in the first quarter of this year, up from $18.441 billion in the same period last year, but down from $21.378 billion in the fourth quarter of last year, down slightly from the previous quarter.

Revenue fell slightly in the first quarter, which means revenue from Amazon's cloud computing business has declined again after 34 consecutive quarters of quarter-on-quarter growth.

The last time Amazon's cloud computing revenue fell month-on-month was in the second quarter of 2014, when revenue of $1.005 billion (currently about 6.965 billion yuan) was down from $1.05 billion in the previous quarter. Since then, revenue has continued to grow, exceeding $10 billion (currently about 69.3 billion yuan) for the first time in the first quarter of 2020 and $20 billion (currently about 138.6 billion yuan) for the first time in the third quarter of last year.

Except for the end of the revenue rally, Amazon's operating profit of $5.123 billion (currently about 35.502 billion yuan) in the first quarter was lower than the $5.205 billion in the previous quarter, the fourth consecutive quarter of decline, and less than the $6.518 billion in the same period last year. Two consecutive quarters of year-on-year decline.

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