Amazon Web Services grows by 46 per cent in a quarter, but still fails to meet expectations

Amazon Web Services grows by 46 per cent in a quarter, but still fails to meet expectations

6 years ago
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https://tech.newstatesman.com/security/amazon-web-services-third-quarter-results

Amazon Web Services, the retail giant’s cloud computing business, grew by 46 per cent in the third quarter, according to its latest results.

The company generated $6.68bn in the last three months, just shy of analysts’ estimates. Microsoft’s Azure division, meanwhile, saw revenue growth of 76 per cent over the same period.

Amazon Web Services grows by 46 per cent in a quarter, but still fails to meet expectations

Oct 26, 2018, 5:53pm UTC
https://tech.newstatesman.com/security/amazon-web-services-third-quarter-results > Amazon Web Services, the retail giant’s cloud computing business, grew by 46 per cent in the third quarter, according to its latest results. > The company generated $6.68bn in the last three months, just shy of analysts’ estimates. Microsoft’s Azure division, meanwhile, saw revenue growth of 76 per cent over the same period.