Amazon’s Lofty Profits Open Cloud to Rivals – Shira Ovide / Bloomberg

Amazon, which has  used razor-thin margins to undercut rivals, is susceptible to the same competitive pressure because of its fat AWS profits.

“Your margin is my opportunity.”

It’s a quip often attributed to Amazon CEO Jeff Bezos to explain his zeal for high-volume sales at teeny-to-nonexistent profits. It’s ironic, then, that in Amazon’s cloud business it is Bezos’ margin that is providing an opening to rivals like Google.

Amazon’s Lofty Profits Open Cloud to Rivals [Shira Ovide / Bloomberg]

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