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AWS posts 60% boost as it creeps towards $10bn revenues

amazon aws

AWS has continued its promising progress towards breaking the $10 billion barrier, after reporting revenues of $5.4 billion for the first six months of 2016, a boost of 60% from the same period last year.

Google grows (again) but ‘Other Bets’ cost the giant $1bn

Google

Google has reported its Q2 numbers, continuing a strong run of performances within the technology industry, though efforts to diversify its overall business are not paying off just yet.

Facebook puts Twitter into crosshair

Facebook

Facebook has reported healthy growth in advertising revenues over the last quarter, and also outlined its ambitions to take on Twitter and traditional search engines.

Nintendo shares slump before Tokyo regulators step in to stop decline

Pokemon GO 2

Nintendo has released a statement in which the company outlined the limited impact Pokémon Go will have on its annual revenues. Following the news, around $6.7 billion was wiped from the company’s market capitalization.

Smartphones help Huawei to 40% revenue growth over H1

Huawei MWC 2016

Huawei has released financials for the first half of 2016 demonstrating a 40% revenue boost to $37 billion, partly owing to a healthy performance in the consumer business unit.

Intel grows despite the PC continuing its slow decline

Intel

Intel has reported 3% growth, including a 5% boost in its data centre business, though the client computing unit continues its slow decline.

Microsoft continues cloud transformation with 100% Azure growth

Microsoft1

Microsoft has reported 5% growth to $22.6 billion as the Intelligent Cloud business unit led the charge, with the Azure public cloud offering more than doubling in revenues and compute usage.

IBM makes cloud progress but reports another quarterly decline

IBM

IBM revenues continued to fall for a 17th consecutive quarter despite beating analyst expectations and demonstrating healthy growth in its cloud and data business units.

Oracle sets sights on IaaS market as it reports 49% cloud growth

Oracle Cloud

Oracle has reported its 2016 Q4 results stating growth over the period declined 1% to $10.6 billion, though its cloud business grew 49% to $859 million.

Marc Benioff backs AI as Salesforce reports 28% growth

Marc Benioff

Salesforce reported healthy growth over the course of Q1, growing 28%, as CEO Marc Benioff backed AI as the next major growth driver, during the company’s quarterly earnings call.

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