"At the highest levels of this company, we believe that it’s quite possible that AWS ends...
Monday, December 31, 2012, 12:38 PM ET"At the highest levels of this company, we believe that it’s quite possible that AWS ends up being the largest business in Amazon," declares Amazon Web Services (AMZN +1.1%) head Andy Jassy, comparing the arrival of cloud infrastructure services to the replacement of independent power generation with an efficient/scalable national grid. Amazon doesn't share details about AWS' financials, but analysts estimate 2012 sales will total $1.5B-$2B: while up sharply from estimated 2011 levels, that's still a small fraction of the $62.1B in total sales Amazon is expected to post this year. (more)
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