2023-08-07 07:50:10
AWS is back! If the latest publications of the e-commerce giant had been shunned, that of the second quarter was clearly appreciated. The group’s turnover increased by 11%, to 134.4 billion dollars, in the second quarter, a dynamic higher than the 9% posted in the last two quarters.
In addition, operating profit more than doubled between April and June, rising from 3.3 billion dollars last year to 7.7 billion this year, thanks in particular to the continued decline in the workforce, since in one year they went from 1.62 million to 1.46 million employees (–10%). As for cash, the Seattle group generated 7.9 billion dollars over twelve months when it had consumed 23.5 billion over the previous period! Performances that exceed the expectations of financial analysts. It must be said that has taken off, as have online sales, and that, above all, the cloud has picked up.
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#cloud #Amazon #investors #reassured