How AWS has turned into Amazon’s crutch
When Amazon announced its earnings last week, Wall Street was disappointed, with the company’s stock tumbling 5%. But if Amazon didn’t have its cloud business, Wall Street may have been even more bearish. By non-Wall Street standards, the online ecommerce giant had a nice quarter: Revenues of $32. 7 billion were up 29% from the same quarter last year and the company turned a $575 billion profit. The revenues and earnings were less than consensus estimates and Amazon gave vague guidance on future performance heading into the always-busy holiday shopping season. Amazon AWS continued its healthy growth across sales, operating income and Trailing Twelve Month (TTM) Net Sales To read this article in full or to leave a comment, please click here
SD-WAN is a temporary solution – not a market.