The cheap, convenient cloud

April 16, 2015 Off By David

Grazed from TheEconomist. Author: Editorial Staff.

IF THERE were a prize for corporate secrecy, Amazon would have an excellent chance of winning. Interviewing its executives can be like pulling teeth. Even trivial details are not revealed, such as the approximate location of the office of Jeff Bezos, the founder and chief executive, in the company’s headquarters in Seattle.

Unsurprisingly, then, its quarterly earnings calls are mostly a dull affair. But financial analysts and many in the information-technology (IT) industry will pay close attention when the e-commerce giant releases results for this year’s first three months, on April 23rd. Nearly a decade after it launched Amazon Web Services (AWS), the company will enlighten its shareholders about the size, growth and profitability of its cloud-computing business…

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