Jeff Bezos’ AWS Example Reminds Us Why “Risky Bet” Doesn’t Mean You Shouldn’t Take the Risk.
AWS is by far Amazon's most profitable business. It generated $62.2 billion in revenue for the firm in 2021.
In the year 2021, Amazon Web Services (AWS) brought in $62.2 billion in revenue for Amazon. Just as the iPhone is Apple's golden goose, AWS is Amazon's. If today, AWS is the global cloud market leader and everything seems easy, Jeff Bezos recently reminded us via a tweet how much his strategy was decried in the mid-2000s:
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