Will AWS represent more than 14% of Amazon’s Q1 2024 net sales?
Market Rules
Amazon Web Services is one of the operational divisions of Amazon.com. The growing demand for its cloud computing and API web services has been a driver for consistent growth in the company's net sales for multiple quarters.
If AWS net sales’ share in Amazon’s total net sales for the first quarter of 2024 surpasses 14.00% — as reported in Amazon’s earnings report (10-Q form for the first quarter of 2024) — this market will resolve to “Yes”.
Results excluding changes in foreign exchange rates will not be considered to resolve this market, except if they are the only result available for this metric in the referred report.