camera iphone 8 plus apk If not for its cloud business, Amazon would be posting big losses AMZN

If not for its cloud business, Amazon would be posting big losses (AMZN).
Amazon's cloud business has become the company's gold-egg-laying goose. 

For much of the last two years, Amazon Web Services — the company's cloud computing unit — has accounted for a sizeable chunk of Amazon's overall profits. But, as we can see in this chart from Statista, in three of Amazon's last five quarters it's done even more — it's covered over the red ink posted by Amazon's other segments and helped it turn a likely loss into a profit. 

The company's most recent quarter is a case in point. The $1.2 billion operating profit posted by AWS wiped out the $936 million operating loss recorded by Amazon's international e-commerce business.

camera iphone 8 plus apk If not for its cloud business, Amazon would be posting big losses AMZN
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Science & Technology	Upload TimePublished on 31 Oct 2017

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