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Amazon Web Services And Cloud Biz Not Meaningful For Stock Price

Amazon.com, apart from being a major online retailer of books, DVDs, music, games, apparel, and other merchandise, also has a small business of providing cloud and other Web services. It offers Web services like cloud computing and cloud storage service offerings, in which it competes with bigger players like Google, Microsoft and Salesforce.com. Amazon also owns and operates websites such as Audible.com, IMDB.com, and Shelfari.com.

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