AWS clocks $11.6 bn in sales, maintains pole position in Cloud market

AMS or Amazon Web Services, while maintaining pole position in the global Cloud market, generated $11.6 bn of revenge in the quarter ending Sep, up 29 % YoY.  The $3.54 bn operating income beat the Wall Street estimate of $3.45 bn.  The company has already become a $43 bn annualised run rate business, up by nearly $10 bn. AWS has won the leading payments technology firm Global Payments, and biotechnology firm Moderna as a client, recently.

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