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Amazon Web Services revenue rises 81% year over year

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Re: Amazon Web Services revenue rises 81% year over year

#21
post #13

It's only a matter of time before they split AWS from Amazon, just wondering why they're waiting so long.

That doesn't make sense. AWS allows Amazon (the retail store) to go very deep into the red and the entire company could still be afloat. There's no reason to distance yourself from the most profitable part of your company.

Re: Amazon Web Services revenue rises 81% year over year

#22
post #5

36% of Amazon's operating profit is now from AWS. That's crazy!

That is crazy. AWS revenue is nothing compared to their total revenue, right?

Correct, but as they said Amazon's retail revenue gets poured back into R&D and other projects, while AWS is left to generate profits. It's a bit like an insurance policy. AWS is definitely Amazon's most profitable "spinoff" product, besides the Kindle I can't really think of anything else they've made so far that has been that successful.

Re: Amazon Web Services revenue rises 81% year over year

#23
post #13

It's only a matter of time before they split AWS from Amazon, just wondering why they're waiting so long.

Don't forget that AWS came out of Amazon's need for infrastructure. Amazon is dogfooding with AWS, and that's one of the reasons AWS remains in the lead when it comes to cloud compute platforms. They keep launching new, useful services, that come out of real business use cases.

Re: Amazon Web Services revenue rises 81% year over year

#24
post #17
post #9

I wonder how much of that is people forgetting to shut down unused EC2 instances

I think you'd remember when you get the bill.

Except you don't get a bill, you get a receipt that gets buried in tons of junk mail.

And as I reply to this, I decided to check my AWS console, because there is an instance for the life of me I can't terminate.

Re: Amazon Web Services revenue rises 81% year over year

#25
post #13

It's only a matter of time before they split AWS from Amazon, just wondering why they're waiting so long.

That kind of spinoff only happens when activist investors demand it. I think Jeff Bezos and his true believers still hold a significant portion of the stock.

Re: Amazon Web Services revenue rises 81% year over year

#26
post #24
post #17

Earlier quoted context omitted.

I think you'd remember when you get the bill.

Except you don't get a bill, you get a receipt that gets buried in tons of junk mail. And as I reply to this, I decided to check my AWS console, because there is an instance for the life of me I can't terminate.

Have you tried changing regions in the console?

Re: Amazon Web Services revenue rises 81% year over year

#27
post #24
post #17

Earlier quoted context omitted.

I think you'd remember when you get the bill.

Except you don't get a bill, you get a receipt that gets buried in tons of junk mail. And as I reply to this, I decided to check my AWS console, because there is an instance for the life of me I can't terminate.

This is the exact reason why I refuse to give amazon a non-prepaid visa card.

Where I live, every grocery store sells them without requiring ID.

Re: Amazon Web Services revenue rises 81% year over year

#30
post #17
post #9

I wonder how much of that is people forgetting to shut down unused EC2 instances

I think you'd remember when you get the bill.

There's a lot of people to control instances who never see a bill. That's a different department :D

This is the #1 benefit of B2B vs B2C. It's someone else's money.

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