Amazon cloud revenue tops 500M

by lmarzke — last modified Aug 04, 2010 06:56 PM

Amazon doesn't break out the details but analyst's estimate Amazon's cloud revenue for 2010 may exceed $500M USD.

Analyst's are forecasting rapid grown in Amazon's cloud based business's in 2010 and beyond. Amazon has over a dozen cloud based offerings such as Simple Storage Service (S3) and Amazon Web services (AWS) as the best known. Citigroup even predicts that Amazon's revenue could top $2.5B USD by 2014.