Cloud technology has once again become the growth driver of Amazon and Microsoft
The net profit of the largest American online retailer
Amazon for the IV quarter increased more than 2 times (125%) compared with a year earlier and amounted to $ 482 million.
Operating profit increased by 88% to $ 1.1 billion versus $ 591 million in the fourth quarter of 2014. The company's annual net income reached $ 596 million, compared with a net loss of $ 241 million a year earlier. Revenue in 2015 increased by 20% and reached $ 107 billion.
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Despite the publication of high quarterly figures, Amazon shares slipped by 13% after the close of the trading session, due to the fact that the figures for earnings per share and sales were below analysts' expectations.
Amazon sales for the reporting period reached $ 35.7 billion, showing an increase of 22% over the same period last year. On Wall Street, they expected at least $ 35.98 billion. Amazon hoped for sales success during the holidays, but this did not happen,
writes The Verge.
Amazon Web Services (AWS) cloud services revenue grew at an annualized rate of 69% to $ 2.4 billion, exceeding analysts' expected $ 2.38 billion. Operating income from the cloud segment grew from $ 240 million to $ 687 million over the year. Analysts point out that Amazon Web Services is almost always a profit driver for the company, so the growth of Amazon shares is almost entirely due to AWS.
For
Microsoft, the cloud division also became one of the key items of revenue,
reports TechCrunch. The Intelligent Cloud group recorded a quarterly increase in revenue from $ 5.9 billion to $ 6.4 billion.
Overall, Microsoft's financial results for the second quarter of the fiscal year surpassed Wall Street's expectations. Analysts predicted earnings per share of $ 0.71 with revenue of $ 25.26 billion. Actual figures were higher - $ 0.78 and $ 25.7 billion, respectively.
On the background of the news quotes corporations rose 7%.
Revenue from the Office and Dynamics software products increased from $ 6.3 billion in the last quarter to $ 6.7 billion. The number of Office 365 users has grown from 18.2 million to 20.6 million subscribers.
Revenues from server products as a whole grew by 10%. But Microsoft Azure is especially worth noting - its revenue growth was 140%.
Microsoft's search advertising revenue increased by 29%.