# Amazon's AWS sales grow 39.3%, but shares fall on cautious forecast

> Original title: Amazon gives Wall Street mixed financial picture in earnings report

- Source: The Guardian · AI
- Published: 2026-10-29T21:23:02.000Z
- Bad Influence: https://badinfluence.news/items/jhf6x7zoynni1o2m410bhsqcr
- Original: https://www.theguardian.com/technology/2026/oct/29/amazon-earnings-report-mixed-picture

## Summary

Amazon 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. Shares fell more than 6% in after-hours trading.