Amazon's Cloud Lead Soars as AWS Surpasses Azure Revenue
Amazon's dominance in the cloud market has been reaffirmed after Microsoft disclosed its quarterly Azure revenue, which came out to $29.4 billion.
AWS generated a whopping $42.2 billion in revenue, giving Amazon a crushing lead of $12.8 billion over Microsoft.
According to Amazon's second-quarter results, AWS revenue jumped 37%, while operating income reached $16.6 billion.
Total revenue for Amazon was $200.6 billion, with the company planning to spend approximately $220 billion on capital spending in 2026.