Amazon said today its revenue rose 9% to $149 billion for the fourth quarter, beating forecasts, on a big drop in net income.
The commerce and cloud giant gave a big shout-out to its entertainment business from The Lord Of The Rings: The Rings Of Power to Thursday Night Football.
Key web services division AWS saw segment sales rise 20% year-over-year to $21.4 billion. North America segment sales increased 13% year-over-year to $93 billion.
International segment sales decreased 8% year-over-year to $34.5 billion, or increased 5% excluding changes in foreign exchange rates.
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