Tag Archives: Analysts

Experts claim Amazon.com’s advertising and marketing company will certainly go beyond AWS …

For the past few years, Amazon’s ad business has often been talked about as a sleeping giant. Well, the giant is awake and ready to stretch out. Amazon’s advertising business is just getting going, say analysts. A note to investors from Piper Jaffray finds that advertising will surpass the company’s juggernaut cloud computing business. “By 2021, we believe it is likely that advertising operating income will exceed AWS [Amazon Web Services],” analyst Michael Olson wrote Monday. Olson expects advertising income to reach $16 billion in 2021 compared […]

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