Tuesday, May 25, 2010

Business & Technology | Amazon CEO: Color Kindle `still a long way out' | Seattle Times Newspaper

A timely Amazon snapshot (see the full article for Kindle-related updates)

Also Tuesday, Bezos said that Amazon Web Services, which sells Web hosting and data-storage services to other companies, has the potential to be as large as Amazon's retail business eventually. He called the overall market for such services a "very, very large area" that is generally not being done efficiently.

"Whenever something is done inefficiently, that creates an opportunity," Bezos said.

For now Amazon's Web services division has a long way to go. It is part of a group that had $188 million in revenue in the first quarter, while Amazon's retail operations brought in nearly $7 billion.

Business & Technology | Amazon CEO: Color Kindle `still a long way out' | Seattle Times Newspaper

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