This is why Amazon Web Services is growing so much

Marielle Segarra Jul 27, 2018
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This illustration picture taken on April 29, 2018, shows the logo of Amazon displayed on a screen and reflected on a tablet in Paris. LIONEL BONAVENTURE/AFP/Getty Images

This is why Amazon Web Services is growing so much

Marielle Segarra Jul 27, 2018
This illustration picture taken on April 29, 2018, shows the logo of Amazon displayed on a screen and reflected on a tablet in Paris. LIONEL BONAVENTURE/AFP/Getty Images
Share Now on:
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Amazon reported some blockbuster numbers this week, with quarterly profits of $2.5 billion — a nearly 1,200 percent increase over this time last year. When you think of Amazon, you probably think of its giant online store where you buy a year’s worth of paper towels or order groceries delivered to your house. But one of the biggest moneymakers for Amazon has nothing to do with its retail operations. It’s a segment of the business called Amazon Web Services.

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