Amazon Cloud Chief (Politely) Attacks HP, IBM Oracle Profit Margins

Without mentioning Hewlett-Packard (NYSE: HPQ), IBM (NYSE: IBM) and Oracle (NASDAQ: ORCL) by name, Amazon Web Services Senior VP Andy Jassy found a creative way to attack those three companies and their big on-premises profit margins. Jassy's key point: AWS is a high-volume, low-margin business that will continue to disrupt traditional hardware and software companies.