Viewing a single comment thread. View all comments

rrocketman88 t1_je6b2tj wrote

I'm long. I could see it having a good quarter. Q4 is their biggest quarter but everyone know that. The layoffs they've announced will be good for future earnings. AWS growth has slowed which could be a problem. Who knows.

1

Spins13 t1_je6w4z9 wrote

Don’t be too worried about AWS. It is by far the best Cloud Service Provider and they will own the market with Microsoft second. It is an unbreakable moat. This means they will be able to jack up prices once market is saturated in 10-15 years

Also remember that a good part of their revenue and earnings are not USD. Thus currency plays in with a very strong dollar in 2022

1

Paradox68 OP t1_je7aswf wrote

Yeah AWS isn’t going anywhere. Just because it’s not growing as rapidly doesn’t concern me at all. Of course they’re not going to grow rapidly… it started with them being the new player to cloud compute, then they basically undercut the entire market, quickly became the most popular (or one of?) cloud service provider, and now they’re leveling off. Thing with investors is they see things like this and get scared there’s going to be a nosedive, because traditionally, that would be a more likely scenario given that limited information. However, AWS is still going strong. There are just less and less people who are not using AWS every day, so the pool of people who can migrate to their services shrinks.

1