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AWS warns customer cloud demand is slowing as Amazon results stutter

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Amazon Web Services (AWS) has reported third-quarter revenue growth of 27.5%, its slowest year-on-year rise since the company began reporting its finances separately in 2014.

The cloud giant’s revenue for the quarter was $20.5 billion, while AWS’s operating income was $5.4 billion, a year-on-year rise from $4.9 billion in the third quarter 2021.

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