Amazon Smashes Expectations On Surge In Cloud Profits
Amazon has done it again. Moments ago Jeff Bezos’ company reported Q1 earnings that blew away expectations, when it printed revenues of $29.13 billion, well above the expected $28 billion, generating EPS of $1.07 almost double the expected $0.57. However, it is what drove this surge in profitability because while AMZN reported a respectable jump […]