Re: I take that as a rather good sign, overall
or at least until they can extract their data and move to (gulp) Azure.
As a short term fix. If the financial benefits of cloud turn out to be based on chronically unhealthy vendors, selling at a loss, then a big hiccup (be that AWS or any other big cloudy-wouder) would allow and force the remaining vendors to put prices up (thus reducing customer benefits), and the nebulous nature of cloud would finally become very apparent, and corporate buyers would start wondering whether this all stacked up.
Of course, in the short term Amazon have $16.5bn in cash, so they hardly need somebody else to bail them out. Having said that, the balance sheet shows the company issued equity at a value of $16.5bn, suggesting that taking the cash out, the company is worthless because all of the assets are only the same value as the liabilities.....
Biting the hand that feeds IT
