Veritis Blog Amazon Web Services (AWS's) Impressive Growth Fails to Fuel Amazon's Profitability

Amazon's cloud computing technology, AWS, failed to lift its parent company to profitability despite registering growth. The online retailer reported a loss of USD 3.8 billion and posted slow growth. Despite this disappointing growth, AWS didn't sputter in its growth path. AWS registered a net sales revenue of USD 18.4 billion in the year's first [...]The post Amazon Web Services (AWS's) Impressive Growth Fails to Fuel Amazon's Profitability appeared first on Veritis Group Inc.