4 ms·
What you say is true but they're just passing those subsidies on to their customers (the majority of the US). And they're still paying a significant amount cont
by pb7 5y ago
What you say is true but they're just passing those subsidies on to their customers (the majority of the US). And they're still paying a significant amount contrary to the very popular belief, even if it's not proportional to the consumption which I agree with you on.
Amazon e-commerce is not all that profitable. Most of Amazon's value comes from AWS.
- caeril 5y ago> Amazon e-commerce is not all that profitable. Most of Amazon's value comes from AWS. AWS represents 43% of net profit, per the most recently posted quarter. It used to be on the order of 75%, but pandemic-related demand for physical products changed all that. Retail is back, baby.