Citation
Amazon Web Services Annual Revenue 2013-2024
TL;DR
AWS reached $107.6 billion annual revenue by 2024
Documents AWS revenue growth from launch in 2006 to $107.6 billion in 2024. Demonstrates Amazon's 'growth at the tips' strategy - building retail infrastructure first, then launching adjacent cloud computing business once the trunk was established. Validates the apical meristem approach to corporate growth.
Key Findings from Department (2024)
- AWS launched in 2006 after retail operations were mature
- AWS reached $107.6 billion annual revenue by 2024
- Growth came from sequential expansion, not simultaneous diversification