https://www.nasdaq.com/articles/amazons-cloud-battle-with-microsoft-weighs-on-amzn-stock-2019-12-13
income only up 6%?
msft, google, ibm, even oracle aren’t dependent on cloud profits to survive
amzn is generating the vast majority of its profit from cloud.
prediction - msft/goog are going to grind amzn margins to the point where they wont be able to compete and maintain a high stock price.
amzn will have to raise prices on the retail side to maintain near profitability and revenues will drop hugely. they wont die, but stock prices will tank.
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Amazon's Cloud Battle With Microsoft Weighs on AMZN Stock
comments
Total cowboys and probably illegal... this is why Azure was chosen.
https://www.businessinsider.com/amazon-web-services-price-cut-microsoft-azure-2020-1
There's a pay wall