Amazon [AMZN] posts Q1 financial reports, AWS generates $1.57 bn in sales

April 25, 2015 10:48 PM

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Amazon Inc. [NASDAQ:AMZN] has recently announced its earnings for the Q1 of this year. According to these financial reports, Amazon web services (AWS) generated sales of $1.57 billion, earned net revenue of $5.16 million and this revenue saw a growth of 49 percent in the last quarter which made Amazon web services earn $680 million.

Soon after the reports were announced, Amazon shares quickly went up 14 % percent on Friday, $445.10, and analysts had nothing else to do however acknowledge the radiance of the solution.

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