A spinoff of Amazon Web Services (AWS) is "inevitable," declares Oppenheimer's Tim...
Monday, February 11, 5:45 PM ETA spinoff of Amazon Web Services (AWS) is "inevitable," declares Oppenheimer's Tim Horan: he cites Amazon's (AMZN) conflicts with potential AWS customers, the need for more scale, and the possibility of running AWS as a REIT among his reasons. The math Horan uses to argue AWS could be worth $101B in 2018 is questionable, but there's little doubt the cloud infrastructure giant would fetch a hefty IPO valuation. But are Jeff Bezos & co. willing to surrender control of a perceived crown jewel? (Macquarie estimates)
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