AWS: 2023 Progress Might Be Simply 6%

So Amazon got here out with its newest annual shareholder letter and it was much more cautious on AWS progress than I used to be anticipated.

AWS stated they weren’t going to push of us to signal punitivate contracts, or block downgrades, and many others.  That if clients need to handle their spend extra cautious, they they need to.

Internet internet?  AWS projected for now solely $85 Billion in gross sales in 2023 … which appears like rather a lot, but it surely’s solely 6% over 2022’s $80 Billion in AWS gross sales.  Decrease than I predicted.

Wall Avenue remains to be projecting extra, and saying Amazon is being too conservative, and predicting 16% progress.

Nevertheless it’s nonetheless approach approach down.  Rising, sure.  However quite a lot of macro headwinds right here.

Revealed on April 14, 2023

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