Cloud services continue to grow by leaps and bounds for Amazon.com.The company reported that Amazon Web Services generated $1.8 billion in sales in the second quarter, up about 80 percent from the $1 billion it brought in a year earlier.That helped Amazon achieve a profit of $92 million, a turnaround from its loss of $126 million in last year’s second quarter.Overall revenue grew by 20 percent, reaching $23.18 billion.Amazon offers an increasingly broad range of products and services, including an e-commerce site, video streaming, cloud computing, ebook readers, tablets and phones.The company continues to briskly roll out new online services. During this last quarter, it launched Amazon Business, an e-commerce portal for businesses, as well as Amazon Mexico, a version of its e-commerce site specifically for that country. It also introduced the Amazon Echo, a voice-controlled device for ordering Amazon products or playing music and audio news.To read this article in full or to leave a comment, please click here Continue reading at 'PC World'
[ PC World | 2015-07-24 00:00:00 UTC ]