Cloud Computing: Amazon Web Services Revenue – New Details

Grazed from InformationWeek. Author: Charles Babcock.

Amazon Web Services’ revenues are on track to hit the $1 billion mark in the fourth quarter. If they do, AWS will have generated an estimated $3.2 billion in revenues for parent company Amazon.com in 2013 — a striking accomplishment for a business still in the "other" category on the balance sheet.

The estimates, from Technology Business Research analysts Jillian Mirandi and Michael Barba, were released Thursday during a teleconference held by Amazon CFO Tom Szkutak. AWS revenues in the third quarter alone are estimated at $850 million, more than double those in the third quarter a year ago. In both the second and third quarters, AWS revenues grew by 136% over the same periods a year earlier, according to TBR analysts. Service revenues generated by AWS represent 84% of the monies in the "other" category, they said…

Amazon itself doesn’t release details of the "other" category, but even Szkutak had trouble containing his enthusiasm. "In terms of AWS, it’s growing very, very strong," he said. "It’s an area that’s very early for us. We have a great team that’s working on it, servicing customers, and we are very excited about the long-term opportunity."…

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