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Amazon’s online store sales dip below 40% of net sales for first time, and other earnings notes

GeekWire

The chart below is what Amazon’s net sales look like in raw numbers over the past several years, broken down into the major business segments reported by the Seattle-based company. Here are the same results, expressed as a percentage of net sales. Amazon Web Services posted revenue of $22.1

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Zoom revenue spikes to $328M in Q1; CEO thanks Amazon Web Services for help meeting demand

GeekWire

Zoom CEO Eric Yuan gave a special shout-out to longtime partner Amazon Web Services and its CEO Andy Jassy for helping the company meet demand. AWS posted net sales of $10.2 Zoom does not report monthly active user numbers but CNBC cited its mobile app at a whopping 173 million monthly active users, up from 14 million in March.

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Amazon sales of $113B disappoint Wall Street but profits of $7.8B exceed expectations

GeekWire

Amazon posted net sales of 113.1 The result was within the range of the company’s previously issued guidance of net sales between $110 billion and $116 billion. However, Wall Street analysts had expected Amazon to report overall net sales of $115 billion, on average, a 29% increase year-over-year. billion or $15.12

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Amazon’s potential investment in Rackspace would link longtime players in the cloud

GeekWire

billion and a net loss of $102.3 Net sales in Amazon’s cloud computing division, Amazon Web Services, were $35 billion over the same time frame , with operating profits of $14.5 Based in San Antonio, Texas, Rackspace reported revenue of $2.4 million in 2019.

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Amazon’s total Washington state employment declines for the first time, new numbers show

GeekWire

The net decrease in the state comes as Amazon builds up its workforce in downtown Bellevue, but sees its overall employment decline at its main headquarters campus north of downtown Seattle. The net decline in Washington state comes as Amazon spreads its workforce across what it calls its “Puget Sound headquarters.”

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Amazon pours up to $4B into AI startup Anthropic, escalating rivalry with Microsoft and Google

GeekWire

The investment and expanded partnership includes a commitment by Anthropic to make Amazon Web Services its main cloud provider. Its founders include siblings Dario Amodei and Daniela Amodei, who led OpenAI’s engineering and policy/safety teams, respectively. billion purchase of Whole Foods in 2017 and its $8.5 ”

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IT Vortex: The Effort to Achieve Net Zero Carbon Emissions is Far More Than a Business Goal

CIO Business Intelligence

This also includes safeguarding prospective customers from unexpected costs: the company’s Cloud Pricing Calculator gives enterprises a detailed quote for cloud services, whether it’s for the multi-tenant or dedicated private IT Vortex Cloud or VMware integrations with public clouds including Amazon Web Services, Google Cloud, and Microsoft Azure.

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