Amazon Cloud Revenue, Income Forecast Disappoint, Sees Quarterly Sales Above Estimates | ESM Magazine

Amazon Cloud Revenue, Income Forecast Disappoint, Sees Quarterly Sales Above Estimates | ESM Magazine

Amazon.com has reported lower than expected first-quarter cloud revenue growth and forecast operating income below estimates, disappointing investors.

Amazon Web Services, the company’s cloud unit, is showing signs of weakness. Its 16.9%…

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https://www.esmmagazine.com/technology/amazon-cloud-revenue-income-forecast-disappoint-sees-quarterly-sales-above-estimates-287593