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I thought Amazon's empire rests on AWS which actually funds the company allowing them to make a sustained loss on their retail business despite attempts to auto

I thought Amazon's empire rests on AWS which actually funds the company allowing them to make a sustained loss on their retail business despite attempts to automate with robotics and ML.

donarb 7y ago
AWS is now pushing Alexa for Business, which I assume is a corporate wide AI product along similar lines as IBM's Watson.
ajkjk 7y ago
It's basically the opposite? The retail business funds all the other projects. That's starting to shift, but only recently.
- hellllllllooo 7y ago
  https://www.fool.com/investing/2019/04/07/how-amazon-costco-and-alphabet-really-make-their-m.aspx https://www.fool.com/investing/2019/04/07/how-amazon-costco-... https://www.businessinsider.com/amazon-web-services-cloud-online-shopping-profits-chart-2017-5 https://www.businessinsider.com/amazon-web-services-cloud-on... AWS makes all the money, everything else is marginal. > 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. > But despite all of this, Amazon generates just a fraction of its net earnings from e-commerce. Instead, Amazon's bread and butter is its cloud computing segment, Amazon Web Services (AWS).
gergi 7y ago
No, it's the opposite.
- hellllllllooo 7y ago
  https://www.fool.com/investing/2019/04/07/how-amazon-costco-and-alphabet-really-make-their-m.aspx https://www.fool.com/investing/2019/04/07/how-amazon-costco-... https://www.businessinsider.com/amazon-web-services-cloud-online-shopping-profits-chart-2017-5 https://www.businessinsider.com/amazon-web-services-cloud-on... AWS makes all the money, everything else is marginal. > 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. > But despite all of this, Amazon generates just a fraction of its net earnings from e-commerce. Instead, Amazon's bread and butter is its cloud computing segment, Amazon Web Services (AWS).

I thought Amazon's empire rests on AWS which actually funds the company allowing them to make a sustained loss on their retail business despite attempts to automate with robotics and ML.

donarb 7y ago

AWS is now pushing Alexa for Business, which I assume is a corporate wide AI product along similar lines as IBM's Watson.

ajkjk 7y ago

It's basically the opposite? The retail business funds all the other projects. That's starting to shift, but only recently.

hellllllllooo 7y ago
https://www.fool.com/investing/2019/04/07/how-amazon-costco-and-alphabet-really-make-their-m.aspx https://www.fool.com/investing/2019/04/07/how-amazon-costco-... https://www.businessinsider.com/amazon-web-services-cloud-online-shopping-profits-chart-2017-5 https://www.businessinsider.com/amazon-web-services-cloud-on... AWS makes all the money, everything else is marginal. > 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. > But despite all of this, Amazon generates just a fraction of its net earnings from e-commerce. Instead, Amazon's bread and butter is its cloud computing segment, Amazon Web Services (AWS).

gergi 7y ago

No, it's the opposite.

hellllllllooo 7y ago
https://www.fool.com/investing/2019/04/07/how-amazon-costco-and-alphabet-really-make-their-m.aspx https://www.fool.com/investing/2019/04/07/how-amazon-costco-... https://www.businessinsider.com/amazon-web-services-cloud-online-shopping-profits-chart-2017-5 https://www.businessinsider.com/amazon-web-services-cloud-on... AWS makes all the money, everything else is marginal. > 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. > But despite all of this, Amazon generates just a fraction of its net earnings from e-commerce. Instead, Amazon's bread and butter is its cloud computing segment, Amazon Web Services (AWS).