Google, Microsoft, and Amazon have successively announced their financial reports for the first quarter of 2022. Some people are happy and others are worried. Amazon even suffered its first quarterly loss since 2015.However, the performance of each cloud computing business is remarkable.
Amazon Cloud Technology’s performance in the first quarter was still dazzling, with revenue of $18.44 billion in the first quarter, a year-on-year increase of 37%. It is worth noting that the operating profit in the first quarter reached $6.52 billion, a year-on-year increase of 57%; the operating profit margin reached 35.3%. The increase was 30.8% in the same period last year and 29.8% in the previous quarter.
In the first quarter, revenue from Microsoft’s “intelligent cloud” business, including Azure, GitHub, server products, and cloud services, was $19.05 billion, higher than market expectations of $18.9 billion, a year-on-year increase of 26%. Among them, the revenue of the Azure business has reached 11.45 billion US dollars, a year-on-year increase of 46%, which is the same as the growth of the previous quarter.
The revenue of Google’s intelligent cloud business of $5.821 billion in the first quarter was not bad, not only increased by 43.8% year-on-year, but also continued to maintain positive growth month-on-month. But its expenses are also rising in tandem, and the cloud computing unit is still in the red, with an operating loss of $931 million in the quarter, the same as last year.
Comparing the cloud businesses of the three companies,Amazon Cloud Technology’s revenue still leads by a large margin, Microsoft Azure is the second largest, and Google Smart Cloud’s revenue still has a relatively large gap with the previous two.
In terms of revenue growth, in the first quarter, Microsoft Azure grew by 46%, and Google’s smart cloud grew by more than 40%, reaching 43.8%; however, Amazon Cloud Technology’s revenue growth rate dropped to 37% month-on-month. %, up from 40% in the previous quarter.
According to the 2021 global cloud computing tracking data released by IDC recently, the top five vendors in the global IaaS (infrastructure as a service) market in 2021 are Amazon Cloud Technology (47.4%), Microsoft (14.3%), and Alibaba Cloud (7.4%). , Google Cloud (5.1%), IBM (3.1%). After the growth changes in the first quarter of 2022, it is worth looking forward to what new changes will be made in each company’s share.
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