AWS Fuels Amazon's Growth as Operating Profits Set to Soar

Amazon's (NASDAQ: AMZN) AWS division is driving significant growth for the company. With an operating margin of 39% in Q2, AWS generates more profit per dollar than Amazon's e-commerce business. In fact, 60% of Amazon's operating income came from AWS during this period.

The division's revenue increased by 37% year-over-year in Q2, and is expected to continue growing as Amazon invests hundreds of billions of dollars into building new data centers for increased computing capacity.

This rapid growth is set to propel Amazon's operating profits forward at a faster pace than its revenue, making it a compelling investment opportunity. With AWS' soaring growth underpinning the company's success, now may be the perfect time to scoop up shares.