Amazon Web Services (AMZN +3.6%) generated $2B in 2012 sales and will pull in $3.8B in 2013,...
Monday, January 7, 6:23 PM ETAmazon Web Services (AMZN +3.6%) generated $2B in 2012 sales and will pull in $3.8B in 2013, estimates Macquarie's Ben Schachter. Others have pegged AWS' 2012 revenue at $1.5B-$2B (Amazon, in usual form, doesn't give any numbers). Schachter, who sees AWS' sales growing to $6.2B in 2014 and $8.8B in 2015 as it starts reeling in large enterprises, thinks the business would be worth anywhere from $19B-$30B ($41-$66/share) as a standalone company. (more) (Morgan Stanley upgrade)
TECH ETFs IN FOCUS
Latest Tech Articles