Amazon.com, Inc. (NASDAQ:AMZN) does not disclose the details about its Cloud business, for some unknown reasons. But that trend is going to change very soon. Amazon.com, Inc. (NASDAQ:AMZN) has promised its investors in the latest conference call that from the next earnings report, which is coming in April, Amazon will start making a separate, clear category of Amazon.com, Inc. (NASDAQ:AMZN) Cloud services business.
Amazon.com, Inc. (NASDAQ:AMZN) always logs it Cloud business sales in a mysterious column dubbed as North American Net sales. An article on Time reported that Amazon.com, Inc. (NASDAQ:AMZN) is going to declare its Cloud business performance from the next earnings report. This would make things easy for the analysts and investors, who always used to make wild guesses about AWS business.
The source said that Amazon.com, Inc. (NASDAQ:AMZN)’s Cloud business is surging. Disclosing the exact details of AWS revenues and earnings will not only help analysts calculate the real power of the ecommerce giant, it will also help investors to make effective and timely decisions. Apart from Cloud, the other category, e-commerce business revenue went up to $5.4 billion from $3.7 billion year over year in 2014 as compared to 2013.
Microsoft is the biggest competitor of Amazon.com, Inc. (NASDAQ:AMZN) in the Cloud domain. It is putting Windows Azure Cloud platform as its main showcase item to imbibe the Enterprise and industry.
Amazon.com, Inc. (NASDAQ:AMZN) also gave a fact about its Cloud business that depicts its success. In 2014, more than 1 million customers used Amazon.com, Inc. (NASDAQ:AMZN) Web Services, including major companies like Netflix and Pinterest.
Ken Fisher’s Fisher Asset Management owns over 2.4 million shares in Amazon.com, Inc. (NASDAQ:AMZN).
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