Total third-quarter revenue increased 11% to $158.9 billion, the company said Thursday in a statement, exceeding estimates. Operating profit was $17.4 billion, demolishing the average estimate of $14.7 billion. “Amazon beat expectations in Q3 on the strength of the three pillars of its business ecommerce, advertising and cloud services,” said Sky Canaves, an analyst at Emarketer. Read The Rest at :
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