Amazon's AWS sales grow 39.3%, but shares fall on cautious forecast
AIAmazon reported third-quarter sales of $201.94bn and net income of $20.69bn, or $1.89 per share, below analysts' expected $1.97 per share. AWS sales rose 39.3%, the fastest growth in nearly five years, and Amazon forecasts fourth-quarter net sales of $240bn to $247bn, below analysts' expectation of $244.16bn.
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The Guardian · AI · Associated Press · theguardian.comPublished · added here
Original title: Amazon gives Wall Street mixed financial picture in earnings report