Amazon has had a strong 2017, with its stock price surging from $750 at the beginning of the year to over $1,200 at the end of the year. The internet giant derives over 50% of its total value from Amazon Web Services, per our estimates, despite generating an estimated 10% of net revenues in 2017.
Amazon has had a strong 2017, with its stock price surging from $750 at the beginning of the year to over $1,200 at the end of the year. The internet giant derives over 50% of its total value from Amazon Web Services, per our estimates, despite generating an estimated 10% of net revenues in 2017.
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