Today in Cloud

Amazon is due to report quarterly earnings today, and Reuters took the opportunity to speculate that the company’s cloud computing division will soon pass $1Billion in revenue. Amazon, however, is notoriously unwilling to discuss financials for the business unit. We may know that 449 billion objects are stored in Amazon S3, and we may project Amazon’s marketshare as the largest, but when it comes to understanding the margins that the company achieves we’re typically left guessing. Maybe Amazon will surprise us later today, and finally lift the veil a little.