Amazon reports $149B in revenue for holiday quarter, beating estimates, but shares fall 6%
GeekWire
FEBRUARY 2, 2023
In a sign of the broader tech spending slowdown, revenue for Amazon Web Services grew just 20% in the fourth quarter, compared to 40% growth in the year-ago period. Amazon warned in October that companies were cutting their cloud spend and said that continued in Q4. Revenue from third-party seller services was up 20% to $36.3
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