Advertising GrowthAdvertising revenue grew by 23.5% year-over-year, exceeding market expectations and indicating strong business growth in this segment.
AWS GrowthAWS posted its fastest growth in 11 quarters, with revenue up 20.2% year-over-year, driven by AI and core infrastructure demand.
Capacity ExpansionAmazon plans to double its capacity again by 2027, implying a fourfold increase in capacity since 2022, which should provide meaningful tailwinds for AWS growth.