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Retrieved on: 2024-01-21 19:03:30
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Summary
The article explains that Amazon's significant Q3 revenue came primarily from its e-commerce operations, but AWS, despite being smaller in revenue, contributed 62% of Amazon's operating income, displaying the profitability of cloud infrastructure services in global markets. Big Tech competitors like Microsoft and Alphabet's Google are also mentioned as they challenge AWS's market dominance.
Article found on: finance.yahoo.com
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