Amazon exceeds revenue expectations but share price falls

The world's largest online retailer disappointed stock market traders with the growth of its cloud division, AWS, and a cautious profit outlook. The share price fell by 6.5 percent in after-hours trading. Amazon presented figures for the past quarter that exceeded analysts' forecasts. Revenue for the world's largest online retailer increased by 13 percent year-on-year to 167.7 billion dollars. Experts had forecast an average of 162 billion dollars. Profit jumped by more than a third to 18.2 billion dollars.