NEW YORK (AP) — Amazon delivered strong profits and net sales during its fiscal second quarter, helped by surging growth in its prominent cloud computing unit.The e-commerce and technology company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster than the 28% clip in the previous quarter and marking the fastest rate of growth rate in 18 quarters.The Seattle-based company also offered a sales outlook in the current quarter that beat analysts’ expectations. Amazon reported net income of $62.65 billion, or $5.75 per share, in the three-month period ended June 30. That compares with $18.16 billion or $1.68 in the year-ago period. Net sales rose to $200.6 billion from $167.7 billion in the year-ago period. Analysts were expecting sales of $197.03 billion for the latest quarter.The results from the latest quarter underscored that demand keeps growing for Amazon’s services and technology.
Amazon reports strong profits and net sales for 2Q, fueled by robust growth in cloud computing unit
Amazon delivered strong profits and net sales during its fiscal second quarter, helped by surging growth in its prominent cloud computing unit.
AWS surged 37% in Q2—fastest growth in 18 quarters—powering Amazon's net income to $62.65 billion. The momentum confirms AWS's dominance as the infrastructure backbone for enterprise cloud decisions and IT budget cycles.













