Amazon Cloud Arm on Track for $1T Revenue as Growth Accelerates

Amazon's (AMZN) cloud computing division, Amazon Web Services (AWS), is on track to reach $1 trillion in annual sales. Despite concerns about free cash flow and debt, analysts argue that these metrics are not indicative of the company's true growth potential.

AWS has been growing at an accelerated pace, with revenue increasing 40% year-over-year. This growth is driven by Amazon's expanding customer base, which includes major corporations such as Microsoft (MSFT) and Google (GOOG).

While some investors may be concerned about Amazon's debt levels, analysts argue that this debt is being used to fuel growth in AWS and other areas of the business.