--- description: Amazon will break out earnings from its cloud business on Thursday, revealing for the first time just how big of a lead it has over rival tech giants, Microsoft Google and IBM, in the race to replace corporate servers with their own sprawling data warehouses and software solutions. title: We're About to Learn Way More About Amazon's Cloud Business image: https://static.time.com/v3/assets/bltea6093859af6183b/blt7592a9a61c02ad9d/6987ec850b72e3b85f6e1ab7/gettyimages-458750874.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 ---  * [Business](/section/business/) ## Business Update your preferences in [Account Settings](/account/preferences/) Close * [Companies](/tag/companies/) ## Companies Update your preferences in [Account Settings](/account/preferences/) Close # We're About to Learn Way More About Amazon's Cloud Business  by [Dan Kedmey](/author/dan-kedmey/)  ## Dan Kedmey Update your preferences in [Account Settings](/account/preferences/) Close Apr 23, 2015 4:02 PM CUT  A view of US multinational Amazon's European headquarters, nestled in the Clausen Valley in Luxembourg, November 10, 2014. A view of US multinational Amazon's European headquarters, nestled in the Clausen Valley in Luxembourg, November 10, 2014.Emmanuel Dunand—AFP/Getty Images  by [Dan Kedmey](/author/dan-kedmey/)  ## Dan Kedmey Update your preferences in [Account Settings](/account/preferences/) Close Apr 23, 2015 4:02 PM CUT Amazon will break out its cloud business in an earnings report for the first time Thursday, revealing more information than previously known about the company’s server operation. Amazon Web Services (AWS) is widely believed to have a lead over its chief rivals, Microsoft, Google and IBM, in the race to replace local computing with off-site servers, though how big of a lead has always been an open question. Amazon’s spokesperson acknowledged to the Wall Street _Journal_ that AWS is already a “multibillion dollar business,” a significant chunk of change in a market that totaled nearly $10 billion in 2014, according to an [analysis](http://www.idc.com/getdoc.jsp?containerId=prUS25576415 "undefined") by IDC. But the bigger question mark hovering over Amazon’s disclosure centers on growth. Expectations are running high, given quarterly revenue from its chief rival in cloud services, Microsoft, has consistently expanded by triple digit growth rates. Whether Amazon’s growth matches expectations will be revealed as soon as its financials finally come out of the “other” line. ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/3832914/amazon-cloud-earnings-aws/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/3832914/amazon-cloud-earnings-aws/"},"headline":"We're About to Learn Way More About Amazon's Cloud Business","datePublished":"2015-04-23T16:02:12.000Z","dateModified":"2026-04-13T08:04:55.760Z","description":"Amazon will finally break the silence on just how much money its cloud service unit has been raking in","url":"https://time.com/3832914/amazon-cloud-earnings-aws/","keywords":["Companies","Tech","Amazon"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/blt7592a9a61c02ad9d/6987ec850b72e3b85f6e1ab7/gettyimages-458750874.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Dan Kedmey","jobTitle":null,"url":"https://time.com/author/dan-kedmey/"}],"articleSection":"Business","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/blt7592a9a61c02ad9d/6987ec850b72e3b85f6e1ab7/gettyimages-458750874.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"LUXEMBOURG-FINANCE-ECONOMY-COMPANIES-LUXLEAKS","caption":"LUXEMBOURG-FINANCE-ECONOMY-COMPANIES-LUXLEAKS","creditText":"Emmanuel Dunand—AFP/Getty Images","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/business/","name":"Business"}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/companies/","name":"Companies"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/3832914/amazon-cloud-earnings-aws/","name":"We're About to Learn Way More About Amazon's Cloud Business"}}]},{"@context":"https://schema.org","@type":"VideoObject","name":"Amazon Is Getting Into Moviemaking","description":"Amazon Studios announced Monday that it's getting into the movie business. In 2015 alone, the company plans to get behind 12 original movies.","thumbnailUrl":"https://cdn.jwplayer.com/v2/media/6Epxt0xK/poster.jpg?width=720","uploadDate":"2015-01-19T20:01:09.000Z","contentUrl":"https://cdn.jwplayer.com/manifests/6Epxt0xK.m3u8","embedUrl":"https://time.com/3832914/amazon-cloud-earnings-aws/","duration":"PT1M31S","potentialAction":{"@type":"SeekToAction","target":"https://time.com/3832914/amazon-cloud-earnings-aws/?jw_start={seek_to_second_number}","startOffset-input":"required name=seek_to_second_number"}}] ```