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Sugarrae aka Rae Hoffman

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Tuesday, February 21, 2012

Amazon Cloud To Break The $1 Billion Barrier?

Amazon Cloud To Break The $1 Billion Barrier?: ""While still very small for Amazon (likely about $750 million revenue run rate), given the size of the market opportunity and Amazon's strong competitive positioning, we believe that this could soon be a $1 billion revenue segment," Citigroup Internet analyst Mark Mahaney said in a note to investors last week.

And Mahaney isn't alone in his lofty Amazon cloud expectations. In fact, his estimate could be seen as conservative. JPMorgan Chase's Dough Anmuth told Reuters that he expects Amazon"

'via Blog this'

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