Tag Archives: aws

Video: Google Cloud Pricing May Spur Amazon Pain

Google’s latest price cuts in cloud computing services don’t have the bite of its March reductions but will still pressure profit margins at bigger rival Amazon Web Services (AWS), says Citigroup. The investment bank’s earnings forecasts for e-commerce leader Amazon.com (AMZN) are below consensus views. “We believe the increased price competition at AWS has been the main contributor to the earnings disappointments and year-over-year margin decline

Video: Google Cloud Pricing To Spur Amazon Pain, Says Citi

Google’s latest price cuts in cloud computing services don’t have the bite of its March reductions but will still pressure profit margins at bigger rival Amazon Web Services (AWS), says Citigroup. The investment bank’s earnings forecasts for e-commerce leader Amazon.com (AMZN) are below consensus views. “We believe the increased price competition at AWS has been the main contributor to the earnings disappointments and year-over-year margin decline

Amazon, Cloud Rivals Wage Price War In ‘Land Grab’

Cloud-services providers are unlikely to throttle back their torrid capital spending despite an ongoing price war that took some steam out of Amazon.com’s Q2 earnings. Cloud-services leaders Amazon (AMZN), Google (GOOGL) and Microsoft (MSFT) are stepping on the accelerator as they aim to grab market share, analysts say. Amazon’s Amazon Web Services (AWS) cloud business is the biggest provider of infrastructure as a service (IaaS), where customers