Amazon fourth-quarter cloud revenue falls just shy of Wall Street estimates
1. AWS revenue growth slowed to under 19%, missing forecasts slightly. 2. AWS generated $28.79 billion, close to the expected $28.84 billion. 3. AWS contributes 15% of total revenue, essential for Amazon's profitability. 4. Operating income from AWS rose 48% to $10.63 billion, exceeding estimates. 5. Competitors like Microsoft and Google also missed cloud revenue expectations.