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> Commit to values -> I think the last 20 years have shown that Amazon is pretty committed to investing in growth... It depends on what you mean by "growth".
by IncRnd 9y ago
> Commit to values -> I think the last 20 years have shown that Amazon is pretty committed to investing in growth...
It depends on what you mean by "growth".
When you think of Amazon, you probably think of shopping. It’s the site that sells everything from books to phones to full-on vehicles. Accordingly, the company is the dominant player in e-commerce.
But as this chart from Statista shows, Amazon’s most well-known business isn’t its biggest driver of profits. That would be the company’s cloud computing unit, Amazon Web Services, which accounted for about 89% of Amazon’s $1 billion total operating profit this past quarter. That’s despite AWS accounting for just 10% of the company’s overall revenue during the same time frame.
http://www.businessinsider.com/amazon-web-services-cloud-online-shopping-profits-chart-2017-5 http://www.businessinsider.com/amazon-web-services-cloud-onl...