AWS is a business with a $30 billion annual run rate as of early 2019 and is growing fast.

Judged as of 2019-04-11. The claim is roughly stated, so annual run rate means the latest quarterly revenue × 4. True: AWS's reported revenue for the latest quarter before April 2019 (Q4 2018, about $7.4bn) gives an annualised rate of about $30bn (roughly $28–32bn), and year-on-year growth was strong (for example above 30%). Mostly true: the run rate is within about 10% of $30bn and growth was strong. Mixed: one part holds and the other does not (for example the run rate is right but growth was modest). Mostly false: the run rate is off by 10–25%. False: the run rate is off by more than 25%, or growth was flat or negative.

Set before the research began.

1. E1 AWS revenue grows 45% to $7.4B in fourth quarter GeekWire · 31 January 2019

   “The $7.4 billion in cloud revenue was a 45 percent jump compared to the previous year, and in line with analyst expectations as noted by CNBC.”

2. E2 AWS Reports $25B In Sales In 2018 With No Signs Of Slowdown In Sight | CRN CRN · 31 January 2019

   “The $7.4 billion in cloud revenue for the quarter ending Dec. 31 marked year-over-year growth of 45 percent at AWS—$130 million more than analysts had predicted.”

3. E3 AWS brings in nearly $10b in sales for Amazon in Q4, hits $40b annual run rate - ZDNET ZDNET · 30 January 2020

   “While the growth rate has slowed, AWS’s annual run rate grew from $30 billion at the end of 2018, he noted.”

E1 and E2 independently report that AWS had $7.4 billion in revenue for the quarter ending December 31, 2018, up 45% year over year. Four times that quarter gives about $29.6 billion, which falls inside the criteria's $28–32bn range for "about $30bn." E3 separately reports a $30 billion annual run rate at the end of 2018. Since 45% growth clears the 30% bar for strong growth, both parts of the claim hold.