2 ms·
> ”Supposedly Amazon has operated things like AWS at a loss for long periods of time” The article is implying that devices like the Echo are loss-leaders which
by Reason077 6y ago
> ”Supposedly Amazon has operated things like AWS at a loss for long periods of time”
The article is implying that devices like the Echo are loss-leaders which drive profits elsewhere at Amazon.
As stated in the article, AWS made $11.3 billion profit on $48 billion revenue in the last fiscal year. AWS has been profitable since 2015, and is now the majority of Amazon’s profits.