real-time news and commentary for investors
Monday, Feb 11
A spinoff of Amazon Web Services (AWS) is "inevitable," declares Oppenheimer's Tim...
A 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)