Find the latest episode of "The Uncertain Hour" here. Listen

Will competition in the cloud squeeze Amazon’s bottom line?

Justin Ho Jan 31, 2019
HTML EMBED:
COPY
Amazon's cloud computing dominance has been slipping in recent years. JuSun/iStock/Getty Images Plus

Will competition in the cloud squeeze Amazon’s bottom line?

Justin Ho Jan 31, 2019
Amazon's cloud computing dominance has been slipping in recent years. JuSun/iStock/Getty Images Plus
HTML EMBED:
COPY

When Amazon announces its latest earnings Thursday, we’ll get another glimpse into the battle for market share in cloud computing. It’s grown to nearly a $1 trillion market, thanks to demand from clients ranging from startups to the Pentagon. Amazon has dominated the market, and cloud services generate around half of the company’s profits. But its dominance has been slipping: Microsoft has been snatching cloud clients away from Amazon, and IBM’s success in cloud services helped Big Blue beat analysts’ estimates in its most recent earnings.

Click the audio player above to hear the full story.

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.