Cutthroat Cloud Business May Yield Higher Profits

By | March 3, 2015

Scalper1 News

Amazon.com (AMZN) and other infrastructure-as-a-service providers will put up with low profit margins as they aim to shift customers over the long term to more profitable cloud computing products, says Goldman Sachs in a report. The e-commerce leader is expected to break out revenue for Amazon Web Services, its cloud computing business, for the first time when it reports Q1 earnings in April. AWS is by far the biggest provider of IaaS, in which Scalper1 News

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