Amazon Web Services, the cloud computing division of Amazon, saw major gains in fourth quarter 2017 earnings Thursday as the tech giant tighens its lead in the cloud wars.
ADVERTISEMENT
Amazon Web Services is now a $17.5 billion business (AMZN)
Cloud revenues at Amazon grew 43% in 2017.
ADVERTISEMENT
In fact, Amazon Web Services
Across the company, Amazon reported $60.5 billion in revenues in the fourth quarter, beating analyst expectations of $59.85 billion.
FOLLOW BUSINESS INSIDER AFRICA
ADVERTISEMENT
Recommended articles
Russia and China are much less sneaky than the West - DRC president
10 countries in Africa with the worst press freedom in 2024
FCMB Group sustains growth momentum, profit rises 192.6% in Q1 2024
DBNC 2024 impacts, sets the pace for entrepreneurs
Navigating success: Insights from a leading IT expert
US and French governments are lobbying Nigeria to host their military bases - report
Russian aid arrives in Niger amid growing bilateral ties
Kentucky Derby betting sites 2024: Where to bet on the races online