Amazon Cruises Past Wall Street Q2 Estimates, With Advertising Surging 22% Over Year-Ago Levels
The financials for the period ending June 30 beat analysts forecasts in pretty much every category. Revenue in the web services division also exceeded estimates, totaling $22.1 billion. The tech giant also touted its 68 Primetime Emmy nominations. David Ryder/Getty Images Jassy called out the ad results, which saw a better percentage gain than any other revenue line. We remain excited about what lies ahead for customers and the company....