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Big Tech earnings breakdown w/TechCrunch's Alex Wilhelm | E1731
This Week in Startups
Amazon's Growth Return Is a Couple Quarters Out
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We're lapping some pretty impressive results a year ago, which were predicated on not the same belt tightening. The fact that we're still seeing double the growth across all three major cloud providers is very impressive. For Amazon in particular, given that their e-commerce business is unprofitable internationally and occasionally unprofitable in North America, they can't really afford to have their main growth engine and profit source slip a gear.
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