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0 pointscrazygringo2y ago0 comments

The exact price doesn't matter. The point is, it's wrong to conflate profits with income. You need to subtract costs before you can declare that Amazon "makes" a particular amount of money.

You are of course correct that this gives them revenue, my point is that the article is falsely framing this entirely as profit.

0 comments

akerl_2y ago

The costs were already paid. AWS bought that IP space over the past decade. On their financials for 2024, the cost of the IP space they already held is zero.

j / k navigate · click thread line to collapse

0 pointscrazygringo2y ago0 comments

The exact price doesn't matter. The point is, it's wrong to conflate profits with income. You need to subtract costs before you can declare that Amazon "makes" a particular amount of money.

You are of course correct that this gives them revenue, my point is that the article is falsely framing this entirely as profit.

0 comments

akerl_2y ago

The costs were already paid. AWS bought that IP space over the past decade. On their financials for 2024, the cost of the IP space they already held is zero.

j / k navigate · click thread line to collapse