Since April 23, 2016, shares ofAmazon'shave risen 157%. This was no accident.On that day, as part of its first-quarter earnings results, Amazon broke out its Amazon Web Services (AWS) division results for the first time. The response from investors was dramatic: The Motley Fool How much revenue AWS actually generated for Amazon had long been a source of speculation. Was the service, a cloud-based data management and storage service, even profitable? The answer, as it turned out, was a resounding...
Since April 23, 2016, shares ofAmazon'shave risen 157%. This was no accident.On that day, as part of its first-quarter earnings results, Amazon broke out its Amazon Web Services (AWS) division results for the first time. The response from investors was dramatic: The Motley Fool How much revenue AWS actually generated for Amazon had long been a source of speculation. Was the service, a cloud-based data management and storage service, even profitable? The answer, as it turned out, was a resounding...
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