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Again, you’re simply wrong. https://www.shacknews.com/article/128660/amazon-amzn-aws-revenue-was-up-40-in-q4-2021-to-1778-billion https://www.shacknews.com/art

Again, you’re simply wrong. https://www.shacknews.com/article/128660/amazon-amzn-aws-revenue-was-up-40-in-q4-2021-to-1778-billion https://www.shacknews.com/article/128660/amazon-amzn-aws-rev... 17.78B in 2021, or $11k per employee. That’s less than 10% of the per employee profit. Amazon can increase wages without raising prices.

lotsofpulp 4y ago
The numbers you are using are wrong, and that article is sloppily written. Revenue and profit (net income) are not the same thing. Redo the math with the correct numbers: https://www.macrotrends.net/stocks/charts/AMZN/amazon/net-income https://www.macrotrends.net/stocks/charts/AMZN/amazon/net-in... And note that Walmart/Target/Home Depot/ and all the other retail public companies have profit margins of low single digits. It is safe to assume Amazon has the same low single digit profit margins from its retail operations.