Amazin'

Technology giant Amazon has said its web services business generated sales of $1.57bn (£1.04bn) in the first quarter of the year and is profitable.

Amazon Web Services (AWS) is a cloud computing offering that makes money by charging businesses to host websites and other applications.

Amazon founder Jeff Bezos said in a statement: "Amazon web services is a $5bn business and still growing fast."

And I was on to it from the very beginning, sagely observing on August 26, 2006:

Amazon have just launched a limited Beta of Amazon Elastic Compute Cloud (Amazon EC2) - "a web service that provides resizable compute capacity in the cloud", and I think that the ground may be shifting in our business.

Good for me.