AWS can’t help Amazon avoid first loss since 2015
Amazon’s fast-growing cloud division couldn’t help its parent company avoid posting its first quarterly loss since 2015. Amazon Web Services saw revenue grow by 37% to $18.4 billion for the first quarter of 2022. That amounted to an operating profit of $6.5 billion, which was up 57% year-on-year and outpaced analyst expectations by almost $1
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