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Amazon Web Services is a $5 billion business, and it’s growing 50% a year

qz.com/390191/amazon-web-services-is-a-5-billion-business-and-its-growing-50-a-year

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Amazon has just revealed the size of its near-decade-old cloud computing business for the first time: Amazon Web Services generated $5.2 billion over the past four quarters, and almost $700 million in operating income. During the first quarter of 2015, AWS sales reached $1.6 billion, up 49% year-over-year, and roughly 7% of Amazon's overall sales. (AWS growth...