AWS, Google and Microsoft are all still growing their cloud revenues, though for Google that growth is coming with some high costs.
The “Big Three” public cloud providers continued to grow at a frantic pace at the end of 2020, as revealed by quarterly earnings reported by Amazon, Microsoft and Google.
Microsoft was the first to report, revealing on Jan. 26 that its second-quarter fiscal 2021 revenue for its commercial cloud activities came in at $16.7 billion, for a 34% year-over-year gain. Google’s parent company Alphabet reported its fourth-quarter fiscal 2020 earnings on Feb. 2, with cloud revenue of $3.8 billion, growing from $2.6 billion in the third quarter. Rounding out the Big Three public cloud providers, Amazon Web Services (AWS) also reported its fourth-quarter fiscal 2020 results on Feb. 2 with cloud revenue of $12.7 billion, up by 28% year-over-year.
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