Amazon posts a $92M profit as AWS sales nearly double

Cloud services continue to grow by leaps and bounds for

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, e-book 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.

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Computerworld Cloud Computing

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