Amazon Web Services is the financial life preserver that Amazon desperately needs

Amazon Web Services is the financial life preserver that Amazon desperately needs

Another quarter, another $3.2 billion in revenue for Amazon Web Services. The e-commerce giant’s cloud-computing division continued to grow at a healthy clip in the third quarter, up 55% from a year earlier, according to results released today. Over the last four quarters, the segment has generated $11.1 billion in revenue, though its quarterly growth…