Business

Amazon is finally a services company and that’s why it’s profitable

Andy Jassy, chief government officer of Amazon.Com Inc., speaks in the course of the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021.

David Ryder | Bloomberg | Getty Pictures

Amazon on Thursday reported earnings for the third quarter, and the outcomes revealed a significant underlying shift: The corporate is now a providers enterprise.

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