Andy Jassy’s prediction: Amazon could have two $1 trillion businesses within a decade
During a third-quarter earnings call, Andy Jassy highlighted the growth of AWS, which currently has a $184 billion annual revenue run rate. He cited a $578 billion backlog of contracted revenue and the expanding use of AI as key drivers for future growth.
Key points
- AWS and stores business could both hit $1 trillion annual revenue in 5-10 years
- AWS grew 39% in the third quarter
- Amazon has a $578 billion backlog of contracted AWS revenue
Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. GeekWire did the reporting; read the original for the full story.
Read the full story at GeekWire
