Amazon reports Q1 advertising services revenue grew 23% YoY to $7.88B vs 8.17B est., and subscription services grew 11% to $8.4B (Annie Palmer/CNBC)
Annie Palmer / CNBC:
Amazon reports Q1 advertising services revenue grew 23% YoY to $7.88B vs 8.17B est., and subscription services grew 11% to $8.4B — - Amazon on Thursday gave a revenue forecast that trailed analysts' estimates. — Growth rates are at their slowest since the dot-com bust in 2001.
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