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AMG (Amazon, Microsoft, and Google, the leading cloud providers) reported their quarterly results last week, with many decrying the results and predicting that cloud computing has downshifted permanently to a lower growth rate.
AWS revenues, for example, came in at $20.5B, lower than analyst estimates of $21.1B. As can be seen from the below chart, AWS’s steady up-and-to-the-right trajectory definitely leveled off.
April 25, 2024
April 16, 2024
April 4, 2024
April 4, 2024
April 12, 2024
April 11, 2024
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