Before amazon announced fourth quarter financial results, exceed market expectations.In fiscal 2018, AWS speed with 47% growth, has brought most of the profits to the company.
In the fourth quarter net profit of $3 billion, amazon diluted net profit of $6.04 per share, and in the fourth quarter net profit of $1.9 billion, 2017 diluted net profit of $3.75 a share.In the fourth quarter revenue rose 20% to $72.4 billion.
Amazon full-year net profit of $10.1 billion, $20.14 per diluted share, in 2017 net profit of $3 billion, $6.15 per diluted share.Compared with $2017 in 177.9 billion, the net sales increased by 31%, to $232.9 billion.
AWS edging out the amazon e-commerce department of North America, in 2018 operating income of the highest department.AWS in 2018 operating income of $7.3 billion, amazon in North America for $7.27 billion.But the problem is that the same is more than $70 in revenue, amazon North America need $141.4 billion in revenue to achieve this goal, AWS is only need $25.65 billion.AWS net sales growth of 47% year-on-year, growth is faster than other business units.In general, a 31% increase in the amazon.
Moor Insights & Strategy, founder of the analyst Patrick Moorhead said in a statement, he will be the AWS growth due to "it through 'elastic' function to enhance the flexibility, but also increased the EC computing capacity variability".He added: "I really want to see the AWS recently released AI PaaS and SaaS service performance, because they look quite impressive."
Amazon has so many facets right now, most people dont even realize. They now are even competing with UPS and FedEx in air delivery by aiming to integrate more of there supply chain. Besides crypto this is one of my biggest bets :D
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