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by thelastidiot 2752 days ago
Microsoft knows how to talk the enterprise talk. BTW, Amazon competes against Alibaba for their main business, not Microsoft.
1 comments
jackhack 2752 days ago
Just to clarify:

Amazon's "main business" is AWS, not their online store. For many years their store operated at a loss. Don't get me wrong, amazon.com is a HUGE business, but it's not Bezos' breadwinner.

https://www.zdnet.com/article/all-of-amazons-2017-operating-...

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fjp 2752 days ago
It only operated at a loss because they were plowing massive amounts of money into their delivery infrastructure. Revenue matters more than net income
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sydd 2752 days ago
Also because they are trying to estabilish monopoly. Amazon's long term plan is to kill every other big retailer.
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BurningFrog 2752 days ago
To be fair, that's the hope of every company.
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nl 2751 days ago
That's nonsense.

AWS is a very large business, and much more profitable than selling physical goods online.

But Amazon's overall revenue was $56.6B (Q3 2018[1]) and "only" $6.68B of that was AWS. By comparison, revenue from Amazon's advertising business is $2.5B - and no one is claiming that is their main line of business.

Even the article you point to shows Amazon made a profit of $1.69B on North American ecommerce vs $1.35B profit from AWS.

So yeah - AWS is a high margin business, but no where near their "main business".

[1] https://www.cnbc.com/2018/10/25/amazon-earnings-q3-2018.html

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outoftheabyss 2752 days ago
their main business is their online store, your linked article proves as much. If the online store was to disappear tomorrow the value of Amazon as a company would decrease much more than if it were AWS. It is proportionately more profitable but that doesn't make it the main business
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