Amazon Web Services, the cloud computing division of Amazon, saw major gains in fourth quarter 2017 earnings Thursday as the tech giant tighens its lead in the cloud wars.
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Amazon Web Services is now a $17.5 billion business (AMZN)
Cloud revenues at Amazon grew 43% in 2017.
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In fact, Amazon Web Services
Across the company, Amazon reported $60.5 billion in revenues in the fourth quarter, beating analyst expectations of $59.85 billion.
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