Amazon has a market capitalization of approximately $2.5 trillion and ranks as the world's fifth-largest company. The company leads markets in e-commerce, cloud infrastructure services, and operates a fast-growing digital advertising business. The share price rose roughly 44% over the last five years while the S&P 500 and Nasdaq Composite rose 79% and 73%, respectively. Amazon Web Services (AWS) remains the biggest profit generator, with revenue up 20% year over year and contributing $11.4 billion of $21.7 billion in non-GAAP adjusted operating income (almost 53%). AWS accounted for about $33 billion of $180.2 billion in Q3 revenue (18%). E-commerce still generates the majority of sales but carries high costs that compress margins. Artificial intelligence, robotics, and automation appear poised to power future sales and margin gains.
"Amazon (NASDAQ: AMZN) currently has a market capitalization of approximately $2.5 trillion and ranks as the world's fifth-largest company. The tech giant leads the market in categories including e-commerce and cloud infrastructure services. It also operates a fast-growing digital advertising business. Despite the company's many strengths, Amazon has actually significantly underperformed the broader market over the last half-decade."
"Amazon Web Services (AWS) continues to be Amazon's biggest profit generator. The company's market-leading cloud-infrastructure service boasts impressive margins and has kept growing at an encouraging pace. AWS revenue increased 20% year over year in last year's third quarter, and it accounted for $11.4 billion of the company's $21.7 billion in non-GAAP (generally accepted accounting principles) adjusted operating income (almost 53%). Meanwhile, the AWS segment accounted for just $33 billion of the company's $180.2 billion in Q3 revenue (about 18%)."
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