Amazon cloud profit up 3x, so stock plummets. Wait, what?

Amazon Web Services profits triple, yet the stock takes a hammering. Actually, it makes complete sense—here’s why…

Amazon increasingly looks like a cloud company with a failing retailer attached. AWS is the consistent profit engine that props up the books ‘n’ gizmos side of the house.

In IT Blogwatch, bloggers bite Bezos.

Your humble blogwatcher curated these bloggy bits for your entertainment.

What’s the craic? Shaun Nichols cards the wool, with Investors furious that Amazon only made $ 482m last quarter:

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Computerworld Cloud Computing

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