
Amazon 4Q & FY numbers - strong growth from AWS
03-FEB-17
Amazon reported numbers after hours, this was for the "holiday" quarter - Fourth Quarter Sales up 22% to $43.7 Billion. The sales number fell short of expectations and guidance, as much as 1 billion Dollars or around 2 and a bit percent relative to what the market expected. The company reported profits ahead of consensus, that matters little when you are owning the stock for the sales growth. There is a major contributor over the last few years, that being AWS (Amazon Web ServiceS). In case you needed a refresher - Amazon AWS update.
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