Amazon Web Services (AWS) Cloud is a $5 Billion Business and Growing Fast – Jeff Bezos, Inc (AMZN) announced its much awaited Q1 2015 earnings today. Amazon’s revenue increased 15% to $22.72 billion in this quarter, compared with $19.74 billion in Q1 2014. Operating cash flow increased 47% to $7.84 billion for the trailing twelve months, compared with $5.35 billion for the trailing twelve months ended March 31, 2014. Operating income increased 74% to $255 million in the first quarter, compared with […]

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