Amazon, Inc.’s AWS Is Crushing It — and It Has More Room to Run
If you thought e-commerce sales account for the bulk of #Amazon.com’s (NASDAQ:AMZN) business, you’d be right. But if you thought e-commerce sales represented the biggest portion of the company’s operating profits, you’d be way off base. As it turns out, Amazon’s global e-commerce business only accounts for approximately 25% of operating profits. It’s the company’s cloud-computing services, called Amazon Web Services ( #AWS ), that is driving most of Amazon’s profits.