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Amazon Cloud Service Worth $100 Billion? Ex-Apple CEO Sculley Thinks So

Tech giant Amazon (AMZN - Get Report) could be sitting on a valuable asset in its Amazon Web Services cloud business, according to former Apple (AAPL - Get Report) CEO John Sculley.

"'If you were to break AWS out as an independant company now, they would be the largest cloud company and be worth a $100 billion," Sculley told TheStreet.

Sculley, who is an investor in several startup cloud companies such as pharmacy benefit manager RxAdvance, added, "You have to have incredible respect for what Jeff Bezos has done with Amazon Web Services, that business didn't exist six and a half years ago -- you see everyone racing to catch up with Amazon, whether it's Microsoft (MSFT - Get Report) , [Alphabet] (GOOG - Get Report) or IBM (IBM - Get...


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