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They still have tiny profits in the retail side from North America and actually lose money in rest for the world. Taking all those orders in North America and
by asmithmd1 10y ago
They still have tiny profits in the retail side from North America and actually lose money in rest for the world.
Taking all those orders in North America and shipping all that stuff made less money last quarter - $708 Million; than they made running AWS - $718 Million.
Time to spin off that loser business of shipping stuff to people's houses.
http://phx.corporate-ir.net/phoenix.zhtml?c=97664&p=irol-newsArticle&ID=2189731 http://phx.corporate-ir.net/phoenix.zhtml?c=97664&p=irol-new...
- trhway 10y ago>Time to spin off that loser business of shipping stuff to people's houses. or start doing it by drones, flying or crawling, doesn't matter.
- dreaminvm 10y agoIf they can bring down shipping costs either through their own trucks or drones, then the eCommerce business is quite a bit more profitable than it is now. Along with continued dominance in the public cloud business, Amazon investors are going to get a really nice payout.
- alttab 10y agoJust 700 million in profit huh? Pretty weak.