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AWS hits $7.4bn in Q4 revenues, comprised three quarters of 2018 overall Amazon profit

February 01, 2019 / James Bourne

Amazon Web Services (AWS) remains the benchmark for Amazon’s profit lines and continues to improve. The company announced revenues for AWS of $7.43 billion (£5.68bn), an increase of 45% from this time last year, with AWS revenues comprising more than 10% of Amazon’s overall sales for the quarter, up from 8.4% the year before. AWS made $2.18bn after expenses for Q4, giving it a full year profit of almost $7.3bn, or almost three quarters (72.4%) of Amazon’s overall profit for 2018. AWS was mentioned a mere 58 times in the quarterly highlights with 11 of the 44 bullet points devoted to it. Amazon chief financial officer Brian Olsavsky told analysts that AWS “maintained a very strong growth rate and continued to deliver for customers.” Naturally, November’s re:Invent comprised the majority of the news for the most recent quarter. The most potentially game-changing was AWS Outposts, an offering bringing AWS on-premises launched as part of an extende...