Amazon's profit jumps higher thanks to strength of AWS

Amazon's profit jumps higher thanks to strength of AWS

6 years ago
Anonymous $RBasgWKaIV

https://www.cnet.com/news/amazons-profit-jumps-higher-thanks-to-strength-of-aws/

For years, Amazon's profits were either tiny or nonexistent. That seems to be changing.

For the third quarter in a row, the e-commerce titan reported a profit of over $1 billion, again blowing analysts' estimates out of the water.

Amazon's profit jumps higher thanks to strength of AWS

Jul 26, 2018, 9:55pm UTC
https://www.cnet.com/news/amazons-profit-jumps-higher-thanks-to-strength-of-aws/ > For years, Amazon's profits were either tiny or nonexistent. That seems to be changing. > For the third quarter in a row, the e-commerce titan reported a profit of over $1 billion, again blowing analysts' estimates out of the water.