LAS VEGAS -- Just minutes ago, Amazon CEO Jeff Bezos likened Amazon Web Services to everything from Toyota's lean manufacturing methods to something slightly closer to home: the Kindle Fire business model.
Bezos took to the stage with Amazon CTO Werner Vogels here at the Amazon Web Services (AWS) re:Invent conference, acknowledging that retail is a low-margin business and insisting that he's sticking to that game plan with AWS. "High margins cover a lot of sins," Bezos said. "We wouldn't know how to do a high-margin business. Low margins keep you aligned with … Read more