Amazon lifts veil on cloud biz, says it's worth $5B

April 23, 2015 11:34 PM

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Amazon lifts veil on cloud biz, says it's worth $5B

Amazon.com broke out sales figures for its Web services sector for the first time on Thursday, calling the sector a $5 billion business.

Amazon Web Services, which includes the company's cloud business, generated revenue of $1.57 billion in first quarter, up from $1.05 billion last year, the Internet retailer announced in its first-quarter earnings report.

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