Amazon is right to grow AWS at the expense of income

Oleh: admin
July 29, 2014

Last week, Amazon. com stated its cloud business grew by 90 percent last year, but the company was significantly less profitable compared to year before. Its AWS (Amazon Web Services) business makes up the majority of a balance sheet item that Amazon. com labels as “other. ” In the latest quarter, the “other” revenue from that line of business grew by 38 percent, its cheapest rate in at least three years.

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