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doingmyting
6y ago
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Amazon makes substantially more from AWS than its retail segment. Retail revenue is higher but revenue does not equal profit. For instance last quarter AWS revenue was 13% compares to retail but it contributed 52% of operating income.
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kolmogorov
6y ago
Those are accounting tricks
lmm
6y ago
Citation needed. It seems pretty common-sense that retail would be lower-margin than digital services.
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