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Amazon's Stock Could Rise 20% To $535 As Shopping 'Revolution' Snowballs

Although Amazon reported a $57 million (m) net loss for its first quarter ended 31 March 2015, Amazon Web Services (AWS), one of three Amazon.com Inc’s business segments that provides data storage and cloud services to big IT companies and start-ups, is still a $5 billion (bn) business and growing [...]

Amazon's true brilliance shone this week in a tale of three clouds (AMZN)

This was earnings week in the tech industry, but the one report everybody was waiting for came out on Thursday. That's when Amazon broke out detailed financial results from Amazon Web Services, its cloud computing business, for the first time. Show More Summary

Delivered By Amazon In Less Than An Hour—–More Mania!

Well, maybe Amazon is the greatest thing since sliced bread, but that doesn’t explain how it gained $25 billion of market cap overnight after reporting another losing quarter. Give all the credit you want to its web services business——a newly disclosed but decade old operation with scads of competent competitors and which sports a modest $6 billion run rate…

The rise of Amazon Web Services

2 days agoTechnology : Post Tech

Nearly a decade after it started as an internal project for a group of engineers, Amazon.com’s cloud services unit has turned into the online retailer’s fastest-growing business. The company gave a rare glimpse into the growth of Amazon Web Services on Thursday, saying that during the first quarter, it had reached $1.57 billion in revenue, up […]

Daily Report: Amazon Dominates Cloud Computing, but Tech Giants Are in Pursuit

2 days agoTechnology : Bits

Amazon said in its first-quarter earnings report that its cloud division, Amazon Web Services, had revenue of $1.57 billion and operating income of $265 million.

With Amazon Atop the Cloud, Big Tech Rivals Are Giving Chase

2 days agoNews : NYTimes: News

Amazon said in its first-quarter earnings report that its cloud division, Amazon Web Services, had revenue of $1.57 billion and operating income of $265 million.

Amazon's Cloud Services Help Revenue Soar

The e-commerce giant boasted nearly 50 percent revenue growth in its Web services business alone.

The rise of Amazon Web Services

Nearly a decade after it started as an internal project for a group of engineers, Amazon’s cloud services unit has turned into the online retailer’s fastest-growing business. The company gave highly anticipated insight into the growth...Show More Summary

A new web service called 'Skinnyfatties' will slim down your fat, out-of-style neckties for $30 a pop

You have a closet full of fat, out-of-style neckties. Instead of donating them to the local thrift shop, put them on a diet. A web service called Skinnyfatties (get it? Skinny Fat-Ties!) does just that for any guy searching for a trendier...Show More Summary

Amazon fails to turn profit in Q1 despite $1.6 billion from web services

Amazon's web services business now generates more than $5 billion a year, but the company still isn't turning a profit. The ecommerce giant broke out the numbers for Amazon Web Services, commonly known as AWS, for the first time on Thursday when it reported its first-quarter earnings. Show More Summary

Amazon's Web Services boosts 1Q revenue

Investors have been growing restless with Amazon's long-term strategy of plowing most of the money it makes into new areas like cloud computing, streaming video and hardware — leading to razor-thin profits or, in this quarter's case,...Show More Summary

Amazon's Web Business: $5 billion Now, Could Hit $6 billion For 2015

Amazon.com's Amazon Web Services business already is a $5 billion-a-year enterprise and could be a $6-billion business by the end of 2015. AWS is Amazon's fastest growing segment and enjoys its highest profit margins, according to the company's first-quarter results. Shares surged after hours as investors were cheered by the [...]

It's official: Amazon has the strongest cloud business (AMZN, MSFT, IBM, GOOG)

At long last, Amazon has finally revealed numbers for its cloud computing service, Amazon Web Services. $1.57 billion in the first quarter. This was around what most analysts had predicted — about $6 billion per year. It's also profitable. Show More Summary

With All Eyes on Web Services, Amazon Beats First Quarter Expectations But Still Lacks Profits

Amazon.com reported earnings on Thursday that beat analyst expectations by a cent with sales figures that were boosted partly by the continued growth of its cloud computing division. In a quarter where the Jeff Bezos-led company finally provided some guidance on the size and scope of its Amazon Web Services (AWS) unit, the company experienced record first quarter sales.

Amazon's 'Risky' Web Services 'Distraction' Finally Pays Off

Amazon Web Services seemed like another crazy idea of CEO Jeff Bezos back in 2006. Today, Amazon pegged the business at $TK billion.

Amazon Web Services is now a $5B business

Successful CMOs achieve growth by leveraging technology. Join us for GrowthBeat Summit on June 1-2 in Boston, where we'll discuss how to merge creativity with technology to drive growth. Space is limited. Request your personal invitation here! After giving people a glimpse of the size of its Amazon Web Services (AWS) cloud computing business once every quarter for the […]

Google Launching Low Cost Cell Service With International Data Included – As Little As $30 Per Month

Cellular service has turned us very dependent on carrying the web in our pockets (and even on our wrists). That dependency can translate to convenience until the data is inaccessible or cost prohibitive. That is often the case for international...Show More Summary

Here's why Amazon's earnings today are so important (AMZN)

Amazon reports its Q1 earnings Thursday afternoon and for the first time ever its breaking out the financials of its cloud computing business, Amazon Web Services. AWS currently has over 1 million active customers, including well-known...Show More Summary

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