{"id":21730,"date":"2025-02-06T20:55:11","date_gmt":"2025-02-06T21:55:11","guid":{"rendered":"https:\/\/medexperts.pro\/?p=21730"},"modified":"2025-02-06T22:29:50","modified_gmt":"2025-02-06T22:29:50","slug":"amazon-reports-88-rise-in-profits-but-says-growth-could-slow","status":"publish","type":"post","link":"https:\/\/medexperts.pro\/?p=21730","title":{"rendered":"Amazon Reports 88% Rise in Profits but Says Growth Could Slow"},"content":{"rendered":"
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The company\u2019s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.<\/p>\n

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Amazon saw healthy consumer sales and a pickup in its cloud computing business in its latest quarter, but the company told investors to expect slowing growth ahead.<\/p>\n

Sales from October through December hit $187.8 billion, up 10 percent from a year earlier. Profit rose 88 percent, to $20 billion. Both were roughly in line with Wall Street expectations.<\/p>\n

But the company signaled that 2025 would be off to a weaker start, expecting sales to grow between 5 percent and 9 percent in the current quarter, and operating profit could potentially be lower than a year ago.<\/p>\n

Cloud computing grew 19 percent, to $28.8 billion, in the quarter. The results \u2014 seen as a sign that Amazon\u2019s investments in artificial intelligence were paying off \u2014 were particularly strong given that the company\u2019s top cloud competitors, Microsoft and Alphabet, recently reported results that underwhelmed investors. In the same quarter of 2023, Amazon\u2019s cloud business grew just 13 percent.<\/p>\n<\/div>\n<\/div>\n

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Investors are also focused on Amazon\u2019s cloud computing business because it has become a profit engine for the company. Operating profit for the cloud business was $10.6 billion, which accounted for half of Amazon\u2019s overall operating profit.<\/p>\n

The tech industry has been shaken by the recent release of an efficient artificial intelligence system by a Chinese start-up, DeepSeek. Amazon quickly made DeepSeek’s system available for customers to use, saying it is an example of how Amazon has built its approach to let users easily mix and match different A.I. tools.<\/p>\n

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The company\u2019s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.Amazon saw healthy consumer sales and a pickup in its cloud computing business in its latest quarter, but the company told investors to expect slowing growth ahead.Sales from October through December hit $187.8 billion, up 10 percent from a year earlier. Profit rose 88 percent, to $20 billion. Both were roughly in line with Wall Street expectations.But the company signaled that 2025 would be off to a weaker start, expecting sales to grow between 5 percent and 9 percent in the current quarter, and operating profit could potentially be lower than a year ago.Cloud computing grew 19 percent, to $28.8 billion, in the quarter. The results \u2014 seen as a sign that Amazon\u2019s investments in artificial intelligence were paying off \u2014 were particularly strong given that the company\u2019s top cloud competitors, Microsoft and Alphabet, recently reported results that underwhelmed investors. In the same quarter of 2023, Amazon\u2019s cloud business grew just 13 percent.Investors are also focused on Amazon\u2019s cloud computing business because it has become a profit engine for the company. Operating profit for the cloud business was $10.6 billion, which accounted for half of Amazon\u2019s overall operating profit.The tech industry has been shaken by the recent release of an efficient artificial intelligence system by a Chinese start-up, DeepSeek. Amazon quickly made DeepSeek’s system available for customers to use, saying it is an example of how Amazon has built its approach to let users easily mix and match different A.I. tools.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and\u00a0log into\u00a0your Times account, or\u00a0subscribe\u00a0for all of The Times.Thank you for your patience while we verify access.Already a subscriber?\u00a0Log in.Want all of The Times?\u00a0Subscribe.<\/p>\n","protected":false},"author":1,"featured_media":21732,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-21730","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/21730","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21730"}],"version-history":[{"count":2,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/21730\/revisions"}],"predecessor-version":[{"id":21733,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/21730\/revisions\/21733"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/media\/21732"}],"wp:attachment":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}