Amazon makes a killing from the cloud

@ 2024/05/03
The cloud arm of the retail giant, AWS saw a 17 per cent year-on-year growth, boasting sales of $25 billion (€21.3 billion), with $9.4 billion (€8 billion) of that as operating income. This means that a not-so-insignificant 17 per cent of Amazon's total revenue is now clouded in AWS which is raining down 65.7 per cent of the overall group's operating income.

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