3 ms·
Better title: AWS records more than 25% growth for third quarter in a row
by ThrowawayTestr 4y ago
Better title: AWS records more than 25% growth for third quarter in a row
- socialismisok 4y agoBoth titles are incomplete. It's useful to know that AWS is still growing whole integer percentages and that those percentages seem weaker than normal.
- brianshaler 4y agoTitles about second and higher derivatives rarely feel complete or accurate.
- wongarsu 4y agoMassive jerk in Amazon's cloud business as revenue growth rapidly decelerates! Is this the revenue jounce competitors have been waiting for? (/s)
- brianshaler 4y agoReady for sensational headlines about the concerning reduction of the deceleration of AWS' decrease in YoY growth. Will they ever be able to turn this ship around?
- sokoloff 4y agoThat title is better for understanding, but is not better for CNBC.
- nrb 4y agoThat doesn't come close to telling the whole story either though. Namely two things: 1. All of Amazon's profit last quarter, and then some, came from AWS. Declining revenue growth in that segment could have an outsized effect on earnings/losses. 2. Amazon's PE ratio is still an eye watering 90+ much of which is predicated on continued (perhaps even accelerating) growth. Unless they pull a rabbit out of their hat with new sources of income or cost improvements, the market cap of the company is going to continue to depend a decent amount on growth within AWS or that PE is going to look more and more detached from reality.