Amazon Web Services
Amazon Web Services is a subsidiary of Amazon that provides on-demand cloud computing platforms to individuals, companies and governments, on a metered pay-as-you-go basis.
Amazon Sales Jump 25% But Profits Disappoint
CFO Brian Olsavsky defends the company's heavy spending, saying "We are continuing to invest in businesses that ... can last for decades."
Moving Up to the Public Cloud
Lured by cost savings, corporate IT is shifting from data centers and company-owned servers to the public cloud.
Amazon Shrugs Off Cloud-Computing Rivals
Amazon Web Services, with $890 million in operating income, accounted for most of the company's overall profit and its sales rose 43% to $3.7 billion.
Amazon Shares Dip 3% on Revenue Miss
Fourth-quarter net sales of $3.54 billion fell short of analysts' estimates but net income rose 55% to $749 million.
The 2016 CFO Readers’ Choice Awards
Your favorite accounting firms, banks, software providers, and professional services firms.
Amazon on Cloud Nine With Strong Q1 Results
The company's cloud division powered a 28% jump in revenue and posted more operating income than its core business in North America.
Amazon Earnings Dash Investors’ High Hopes
The stock dives as fourth-quarter profits come in below expectations, but analysts say the outlook for Amazon is still positive.
Amazon Rides to Q3 Profit on Cloud Growth
Amazon Web Services accounted for about 8% of total revenue but nearly half of the company's total profits.
Microsoft Sees Money in the Cloud
Gross margins for Microsoft's business cloud services will reach 44% in the year ending in June, up from 15% a year earlier.
Amazon Stock Surges on First-Ever Cloud Results
Will Amazon Web Services finally make the online giant profitable?
Is TCO Still Relevant in the Cloud?
Yes, because total cost of ownership is really about creating a holistic view of IT operational costs.