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Thursday, January 12, 2017

Amazon, Inc.'s AWS Is Crushing It -- and It Has More Room to Run

If you thought e-commerce sales account for the bulk of #Amazon.com's (NASDAQ:AMZN) business, you'd be right. But if you thought e-commerce sales represented the biggest portion of the company's operating profits, you'd be way off base. As it turns out, Amazon's global e-commerce business only accounts for approximately 25% of operating profits. It's the company's cloud-computing services, called Amazon Web Services ( #AWS ), that is driving most of Amazon's profits.

http://www.fool.com/investing/2017/01/12/amazon-incs-aws-is-crushing-it-and-it-has-more-roo.aspx

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