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This completely misses the importance of the cloud to Amazon. AWS profit margin is around 30% whereas retail is probably hovering in the low to high single dig
by master_crab 4y ago
This completely misses the importance of the cloud to Amazon.
AWS profit margin is around 30% whereas retail is probably hovering in the low to high single digits (5-8%). AWS makes profit for Amazon, and retail offers free cash flow to Amazon. Both are important and to say Amazon isn’t diversified due to revenue is simplistic.