‘Amazon’s Cloud Business Is Worth At Least $70 Billion’ – ‘ReadWrite’
ReadWrite team says, “Two years ago VMware president Carl Eschenbach snidely suggested that he found it “really hard to believe that we cannot … beat a company that sells books.”
Two years later, the truth has become blindingly clear: He can’t.
What’s less obvious is just how big Amazon Web Services has become, in terms of overall value of the business. Logging $2.09 billion in its latest quarter, AWS is on a $8 billion run-rate, booming 78% year over year. So, if AWS were a standalone company, what would it be worth?“.
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