“`html
Amazon’s Financial Performance Spotlighted
Amazon.com (NASDAQ: AMZN) reported almost $61.6 billion in product sales for Q2, but key insights reveal that its Amazon Web Services (AWS) division is significantly more profitable, generating $86.4 billion in service-based revenue. In contrast, the cost of sales for products reached $73.9 billion, indicating that retail operations are less lucrative than previously assumed.
In terms of operating income, AWS led with approximately $10.2 billion, followed by North America with $7.5 billion and international at about $1.5 billion during the same quarter. This financial structure suggests that Amazon is evolving from its retail roots to prioritize technology services.
“`
