Amazon says cloud-computing revenue rose 33%, topping Wall Street estimates


Amazon said Thursday that revenue from its cloud segment rose 33% in the second quarter, beating analysts' estimates. Amazon Web Services generated $19.74 billion in revenue in the period, according to a statement. Analysts polled by StreetAccount had expected $19.56 billion. The growth rate slowed from almost 37% in the previous quarter. Amazon was left with $5.72 billion in AWS operating incom...

Read Complete Article

Post a Comment

Previous Post Next Post