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Amazon Web Services Worth $50 Billion By 2015, And That May Be Too Low

For a company that charges so little for its products and services, Amazon sure is worth a lot. Nowhere is this more true than in its Amazon Web Services (AWS) business unit. Despite dropping prices dozens of times over the past few years, one analyst is now projecting the value of the AWS business to top $50 billion by 2015, driven by success in its Marketplace.

At a mere 6X multiple on an estimated $8 billion in 2015 revenues, $50 billion may actually undervalue Amazon’s cloud business.

 

Read more at ReadWriteCloud
 

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