Amazon reported its second-quarter earnings today, and it was a bit of a whiff and a bummer for Jeff Bezos, who is now no longer the solar systems richest human and has been demoted to the unfortunate stance of second-richest human.
The companys earnings came in lighter than Wall Street expected. But Amazons cloud server farms, AWS, once again appear to be propping up Amazons profitability. The corporation huge bet on building up the basis of modern cloud computing could, in a manner that is, be held partly held liable for Amazons long streak of profitability for the past many quarters.
Heres a quick breakdown of that 😛 TAGEND