AWS revenue growth accelerates in Q3, hitting a five-year high
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View chart & analysis → - 1Amazon Web Services recorded over 39% year-over-year revenue growth in Q3, its fastest pace in nearly five years.
- 2Amazon Web Services' Q3 operating income increased by 55%, exceeding $17 billion.
- 3CEO Andy Jassy said capital expenditures will not be sufficient to fully meet demand.
So what's the key point?
AWS revenue growth has reached its fastest pace in five years. Profits also grew significantly, surpassing $17 billion.
Source The Motley Fool +2 · View original ↗
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