Is Amazon Web Services (AWS) a Liability for Amazon?
Amazon (NASDAQ: AMZN) is known for e-commerce, but the company has a lot more going for it than that. It has a thriving service segment with third-party seller services, advertising, and subscriptions. And one segment that has received a lot of attention is Amazon Web Services (AWS), its cloud computing operation.
While this segment used to be Amazon's best and brightest, it no longer holds that designation. So, is AWS starting to become a liability for its parent?
Cloud computing is an important part of business infrastructure. Instead of companies purchasing their own computing equipment, they've migrated to the cloud, where the workloads are processed by off-site computers owned by one of the cloud computing providers, like AWS. This allows companies to stay nimble and scale up or down when necessary.
Source Fool.com
