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US retail also drives more than half of Amazon's operating income.
by kgwgk 8y ago
US retail also drives more than half of Amazon's operating income.
- SketchySeaBeast 8y agoWait a second....
- sokoloff 8y agoIt's surprising, but correct. In 2018-Q4, North American retail drove $2.25B (59%) of OI; AWS drove $2.18B (58%) of OI. International retail lost ($642M) (-17%) of OI. https://ir.aboutamazon.com/static-files/a5035fcd-5646-45df-b1ad-cef3f376a61a https://ir.aboutamazon.com/static-files/a5035fcd-5646-45df-b...
- pezdeath 8y agoFor Amazon, the cloud is the little engine that could. Amazon Web Services comprised just 11% of the company's overall sales in 2018, but delivered more operating income than all other business units combined. I think that's the point the article is trying to make (first sentence of the article)