Cloud Giants Update:
AWS ( $Amazon.com(AMZN)$ ): $105B run rate growing 19% YoY (last Q grew 17%)
Azure ( $Microsoft(MSFT)$ ): ~$81B run rate (estimate) growing 30% YoY (last Q grew 31%)
$Alphabet(GOOG)$ $Alphabet(GOOGL)$ Cloud (includes GSuite): $41B run rate growing 29% YoY (last Q grew 28%, neither are cc)
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AWS at a $105B run rate growing 19%
Quarterly YoY growth trends below.
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Quarterly absolute change in revenue YoY. So the most recent data point shows Q2 '24 AWS rev - Q2 '23 AWS rev
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Quarterly net new ARR added
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https://x.com/jaminball/status/1819112894380027977
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