Amazon reports increased profits and net sales boosted by cloud computing demand

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CEO Andy Jassy defended the spending during the erstwhile   quarterly net  call, saying Amazon expected semipermanent  returns connected  its invested superior  [File]

CEO Andy Jassy defended the spending during the erstwhile quarterly net call, saying Amazon expected semipermanent returns connected its invested superior [File] | Photo Credit: REUTERS

Amazon connected Wednesday reported beardown increases successful profits and nett income during its fiscal archetypal quarter, helped by surging maturation successful its salient unreality computing unit.

The e-commerce and exertion institution said that income successful its unreality computing portion were up 28% successful the January-March period, the fastest summation successful 15 quarters. Amazon Web Services had 24% income maturation successful the 4th quarter, which followed the division's 20% maturation successful the 3rd quarter.

Published - April 30, 2026 11:11 americium IST

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