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by blobbers
3891 days ago
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Amazon made 17 cents per share and that was enough to convince you? "strong profits"? Drink the koolaid much? I'll sell you some shares in my software company at the same multiple. We've even got better margins. It'll be great. I promise. |
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Specifically what's so amazing, is that AWS is set to produce perhaps $2.25 to $2.5 billion in operating profit in the next four quarters. With the growth curve it's on, it'll very rapidly become one of the most valuable companies in the world, buried within Amazon. They'll hit $20 billion in sales in just three years, assuming slower growth.
By comparison, AWS is already generating 2.5 times the operating profit of VMWare. It has greater sales than either Salesforce or Netflix, and is generating a drastically greater operating profit than either of those two.