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Stock impact report

Reframe The Game: Why The Best Companies Don't Stay In Their Lanes [Forbes]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Forbes
To meet demand, teams found themselves rebuilding the same infrastructure, from data centers to databases. To reduce costs, Amazon decided to build shared internal services so developers could access computing power and storage on demand. That's when Jeff Bezos and his team had a realization. Amazon was quickly becoming one of the world's largest providers of technology infrastructure. Maybe other people could use what Amazon had built. That insight gave birth to Amazon Web Services, and created one of the most consequential business expansions in modern history. What started as a toolkit for internal developers became a product for the rest of the world . AWS grew to be the most profitable part of Amazon's empire, with an annual run rate at $132 billion . Today, Amazon makes a lot more money from selling computing power than it ever did from selling books. Every successful company has to play its game better than competitors. But great companies also find new games to play. Those Show less Read more
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