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Amazon's Cloud Growth

Discussion in 'Amazon' started by LPH, Jul 19, 2014.

  1. LPH

    LPH Flight Director Flight Instructor

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    Amazon's Cloud Growth


    Pacific Crest Securities estimates Amazon (AMZN) will score big with their cloud computing, to the tune of $5 billion.

    In a research note, Pacific Crest says it expects the business to keep growing at a clip, with revenue hitting $6.7 billion in 2015.​

    BusinessWeek suggests Revenue of $1.25 billion per quarter would have Amazon rank as the fourth-largest server company, trailing Dell, IBM (IBM), and Hewlett-Packard (HPQ), which respectively sell about $2 billion, $2.2 billion, and $2.9 billion worth of server hardware per quarter.

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