Amazo

AMZN
n announced financial results for the first quarter of 2021, in which net income increased 224% and revenue increased 44% year over year to $ 108 billion. Amazon Web Services (AWS) is a key driver of Amazon’s bottom line, which is 47% of operating income for 12% of total revenue. The company continues to grow AWS services in various industries and recently announced further expansion with Disney +, which has over 100 million subscribers. AWS technology enables the Walt Disney Company

DIS
quickly expanded Disney + to 59 countries in North America, Europe, Asia Pacific, and Latin America. Brian Olsavsky, CFO of Amazon, said, “There is continuing interest from a variety of industries to expand services with AWS, and we …

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