Amazon’s Amazing AWS Cloud Division is Worth $5 Billion, CEO Claims

April 26, 2015 6:06 AM

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Amazon Web Services has been around since 2006, and in the nine years since then, the company had been coy about the cloud business’ financial data. But on Thursday, Amazon finally announced AWS sales and revenue figures, astounding investors and analysts and causing a lot of buzz in the intersecting worlds of tech and business.

In the first quarter of 2015, AWS generated $1.57 billion in revenue, or 49 percent more than the year-ago first quarter. Its operating income of $265 million was a solid $20 million more than Q1 2014’s $245 million figure. And it gets better – Amazon CEO Jeff Bezos said in a statement that the co...

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