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Chas Dhami

Leading at the intersection of AI, Business and Tech.
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Forbes.com

Will Amazon Damage Its Cloud Business By Competing Directly Against AWS Customers?

June 29, 2018

It was only a matter of time before someone raised this

#Amazon Web Services (AWS) represents 11% of Amazon group sales of $51bn in Q1 FY18, but 73% of its group operating income

Trump, Anti Trust regulators and now customers are watching....

In Q1 FY18, AWS hit $5.4bn revenues, up 49%, with Operating income of $1.4bn, up 57%

In Q1 FY18, Amazon's group revenues hit $51bn, up 43%, with Operating Income of $1.9bn, up 92%

In the long term, I expect Amazon will probably spin off AWS

Because one things for sure, Bezos' growth ambitions are unlimited...

https://www.forbes.com/sites/bobevans1/2018/06/29/will-amazon-damage-its-cloud-business-by-competing-directly-against-aws-customers/#a2a0f5129996

 

Tags Amazon Web Services, Cloud Computing
← Oracle is going through a mega transformation...Public Cloud Services Market hits $117bn revenues in 2017, up 29% ! (IDC) →

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