Wednesday, May 10, 2017

Amazon’s AWS Revenues Rose 43% to ~$3.7 Billion

#Amazon as a target As the dominant e-commerce company, Amazon (AMZN) is targeted by competitors like #Walmart (WMT) and #Sears (SHLD). As the leading cloud computing provider, Amazon is also seeing growing threats from #Microsoft (MSFT), #Oracle (ORCL), and #Alphabet ’s (GOOGL) #Google. To cope with the increasing competition, Amazon must keep its wheels spinning faster wherever it has a presence. Its 1Q17 results offer a hint of what’s happening.

http://marketrealist.com/2017/05/amazons-aws-revenues-rose-43-to-3-7-billion/

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