Amazon Web Services accounted for more than 60% of Amazon’s overall operating profits. (GeekWire File Photo / Todd Bishop) Amazon’s cloud business isn’t done growing yet. Amazon Web Services posted ...
Amazon's 3Q24 operating margin rose to 38%, driven by top-line demand, cost control, and the extension of server life. AWS's custom silicon and infrastructure investments, including Graviton, ...
AWS faces growth and market share challenges as Azure and Google Cloud recently outpaced them in revenue growth. Despite AWS's margin decline and AI innovation concerns, their operating margins remain ...
Editor's note: This story has been updated to include a statement from Amazon Web Services. "AWS is operating normally and this reporting is incorrect. The only resource on the internet that provides ...