Amazon cloud revenue jumps 45 percent in fourth quarter

Amazon cloud revenue jumps 45 percent in fourth quarter

6 years ago
Anonymous $v9r5mEH86V

https://www.cnbc.com/2018/02/01/aws-earnings-q4-2017.html

Amazon's cloud business generated more revenue than analysts expected in the fourth quarter, with sales surging 45 percent.

The financial results strengthen the case that Amazon Web Services has grown into a cash machine for its parent company, while Alibaba, Google, IBM, Microsoft and Oracle all try to catch up.