Amazon’s next billion-dollar business eyed
Amazon.com Inc’s cloud computing unit may be its next billion-dollar business and analysts will be watching for clues on how fast this secretive unit is growing when the Internet retailer reports results next week. Amazon Web Services started small in 2006 by selling computing power and data storage to emerging technology companies, blogs and websites. Now the unit, known as AWS, counts NASA, the US Department of State, Siemens, Pfizer and Nasdaq as customers.