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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Friday, April 29, 2022

Amazon Leans Heavily On AWS

Amazon forecast that its revenue in the second quarter will be between 116 billion and 121 billion US dollars - growth of between 3% and 7% compared with second quarter 2021. This guidance anticipates an unfavourable impact of approximately 200 basis points from foreign exchange rates.

In the first quarter of 2021, Amazon's sales rose 9% (in constant currencies) to 116.4 billion dollars. The cloud services business AWS was the main growth engine - its sales leapt 37% year-on-year. 

Amazon's push into the gaming sector is gaining momentum. It reported that Lost Ark, the free-to-play multiplayer online game, exceeded 20 million global users and became the second-highest played title of all time by peak concurrent players on the distribution platform Steam. Published by Amazon Games in Australia, Europe, Latin America, New Zealand, and North America, the game was developed by Smilegate RPG, which is based in South Korea.

Amazon has also made its Amazon Luna cloud gaming service widely available. It includes the Prime Gaming Channel, where Prime members can access a rotating selection of games on Luna for free. Source: Amazon statements

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