Amazon's sales reached $148 billion, up 10%, with profits doubling to $13.5 billion. While profits exceeded expectations, sales fell short, and a slower third quarter is anticipated.
Sales in Amazon's North American retail business increased by 9% to $90 billion, showing improved profitability. Meanwhile, Amazon's cloud computing services saw a 19% growth to $26.3 billion, with an operating margin of 35.5%.
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