Amazon: First quarter results
9 Articles
9 Articles
Amazon gets better results than expected in the first quarter thanks to the cloud
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…
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.
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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