My theory is they simply can&#x27;t find enough things to spend on, but can&#x27;t afford to lower AWS pricing without being swamped with more demand than they can handle.<p>I don&#x27;t think Amazon are preparing for period of capital investment - making profits and then taking them away is surely worse than consistently making very little as far as the stock market is concerned.<p>This is not the sort of problem many businesses come up against.