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by nl
2752 days ago
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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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