Wednesday, December 04, 2013

HEARD ON THE STREET: Amazon Sees Sunshine in a Cloudy Play - WSJ.com

Excerpt from a snapshot of the non-robotic/drone part of the Amazon/Google competitive landscape
"Colin Sebastian of Robert W. Baird estimates that Google's cloud business is generating about $1 billion in annual revenue now, while AWS generates about $2 billion a year and is expanding at least 50% annually. Neither company discloses financial details about their cloud businesses.
Given Amazon's high valuation of more than 150 times forward earnings, with Google at a far more modest 20 times, it is tempting to see price pressure from Google as a big negative for the fast-growing AWS business. But this business is still nascent with large growth opportunities; 451 Research predicts the so-called infrastructure-as-a-service market will more than double to $10.2 billion by 2016."
HEARD ON THE STREET: Amazon Sees Sunshine in a Cloudy Play - WSJ.com
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