Wow, Amazon Web Services had another bang-up quarter


Amazon’s overall numbers may have underwhelmed Wall Street, but it looks like Amazon(s amzn) Web Services continued its march toward world domination last quarter; although as usual, it’s sort of hard to see what’s really going on.

For the fourth quarter, the North America Sales “Other” category — which includes AWS — hit $1.17 billion, up 52 percent from $769 million for the year-ago quarter. For the full year, AWS (or other) hit $3.72 billion, up 58 percent from $2.35 billion

And here I must insert the usual disclaimer, per Amazon’s earnings report: This category “includes sales from non-retail activities, such as AWS sales, which are included in the North America segment, and advertising services and our co-branded credit card agreements, which are included in both segments.”

It’s hard to see any bad news here unless you look outside the AWS universe, where Google and Microsoft are building out prodigious public…

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