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AWS commits to helping customers optimize cloud spend

July 29, 2022

Via: CIO Dive

Amazon, which posted a net loss of $2 billion, sees potential rough patches in the economy as a growth opportunity for AWS, which had $19.7 billion in net sales in Q2, up 33% year-over-year. After expenses, its operating income reached $5.7 billion.

Net sales for Amazon increased by 7.2% reaching $121.2 billion in Q2 from the same period a year ago, but the tech giant lost money for the second straight quarter, piling $2 billion in losses on top of $3.8 billion from FY22 Q1.

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