Amazon posts record profit of $2.5bn on AWS Cloud and advertising growth

Amazon Web Services (AWS) remained the key profit maker

IANS  |  Seattle 

Amazon
Photo: Reuters

Riding on its growing Cloud and portfolio, posted a record profit of $2.5 billion (or $5.07 per diluted share) in the second quarter of 2018 -- an impressive jump from the $197 million (or $0.40 per diluted share) it posted in the same period last year.

Revenue grew 39 per cent year-over-year to $52.89 per cent while operating cash flow increased 22 per cent to $21.8 billion. The second quarter sales went up 39 per cent to $52.9 billion.

"There are now tens of thousands of developers across more than 150 countries building new devices using the Alexa Voice Service, and the number of Alexa-enabled devices has more than tripled in the past year," Founder and said in a statement late on Thursday.

"Our partners are creating a wide variety of new Alexa-enabled devices and experiences, including soundbars from Polk and Sonos, headphones from Jabra, from ecobee and First Alert, Windows 10 PCs from Acer, HP, and Lenovo, and cars from automakers including BMW, Ford, and Toyota," Bezos said.

(AWS), which remained the key profit maker, announced the of DeepLens, the world's first built to give developers hands-on experience with

It also announced the of Neptune, a fast, reliable, and fully-managed graph database service.

According to AWS, thousands of enterprise customers are running SAP workloads on

"In its second year of availability, the number of databases migrated to using the has grown to more than 80,000 databases," AWS said.

Amazon launched Echo and Alexa in Additionally, Echo Spot launched in and Japan, allowing customers to experience Alexa with a screen.

Adding several capabilities to Alexa in the second quarter, the Alexa Skills store now offers more than 45,000 skills created by third-party developers, including entertainment and gaming skills.

Customers can now use Alexa to control more than 13,000 from over 2,500 unique brands, the company said.

Amazon Video received nominations for its original programming, including 14 nominations for comedy series "The Marvelous Mrs Maisel".

"The fourth annual Day was Amazon's biggest global shopping event ever, welcoming more new members on July 16 than any other previous day in Amazon history," the company said.

First Published: Fri, July 27 2018. 18:30 IST