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Amazon's Jassy says AWS could reach $1 trillion in long-term annual revenue

Fortune ·

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  1. 1Amazon (AMZN) CEO Jassy said on the second-quarter earnings call that AWS could become a $1 trillion annual revenue business over the long term
  2. 2AWS posted $42.2 billion in second-quarter revenue, up 37.6% year-over-year, marking its fastest growth in 18 quarters
  3. 3The original report said the wave of enterprises moving their infrastructure to the cloud and then layering AI on top explains the acceleration in growth

This 3-line summary is compiled from the report below.

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