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Amazon (NASDAQ: AMZN) is expected to boost its revenue growth in Amazon Web Services (AWS) due to its partnership with AI start-up Anthropic, which has raised over $10 billion and is projected to grow its annual recurring revenue from $1 billion to $5 billion by August 2025. AWS revenue grew 17% year-over-year in the last quarter, while competitors like Google Cloud and Microsoft Azure exceeded 30% growth.
Amazon’s consolidated revenue was $670 billion over the last 12 months, with an EBIT of $77 billion. By 2030, revenue could reach $1 trillion with a projected EBIT margin of 15%, resulting in $150 billion in consolidated earnings. This growth, combined with technological advancements and efficiencies in e-commerce bolstered by AI, could position Amazon to surpass Nvidia’s earnings, currently at $96 billion, thus potentially leading to a higher market capitalization for Amazon in the future.
Amazon’s North American retail operations reported a profit margin of 7.5%, which is expected to improve as AI technologies enhance efficiency in e-commerce and reduce operational costs.
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