Amazon posts a $92M profit as AWS sales nearly double

Cloud services continue to grow by leaps and bounds for

The company reported that Amazon Web Services generated $1.8 billion in sales in the second quarter, up about 80 percent from the $1 billion it brought in a year earlier.

That helped Amazon achieve a profit of $92 million, a turnaround from its loss of $126 million in last year's second quarter.

Overall revenue grew by 20 percent, reaching $23.18 billion.

Amazon offers an increasingly broad range of products and...

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