3 ms·
Except that it’s financially supported by AWS. If AWS is separated, they would not be able to keep owning the logistics chain for long.
by dzink 3y ago
Except that it’s financially supported by AWS. If AWS is separated, they would not be able to keep owning the logistics chain for long.
- flangola7 3y ago[flagged]
- shadowgovt 3y agoIf Amazon can't make delivering tangible goods to people in exchange for money profitable without slopping money over from the near infinite slush fund that is cloud computing, then it is using market position to stifle competition and deserves to be broken up so Walmart, Target, Best Buy, etc. have a fighting chance of staying in business to keep prices down via competition.
- Aloha 3y agoThe going theory here is that they dont have to make money shipping people shit and still own most of the marketplace because of the giant sloshy bucket of money from AWS.
- Aloha 3y agowhich is why I would force them to cleve AWS off, and frankly cleve off some of their logistics chain too.
- lotsofpulp 3y agoSource? They kept their profit margins near zero during their retail only days, but Walmart/Target/Kroger/etc have only ever earned 2% to 5% profit margins anyway.
- dzink 3y agoRead their annual reports for the past few years.
- lotsofpulp 3y agoThey were not losing money even before AWS: https://dazeinfo.com/2019/11/06/amazon-net-income-by-year-graphfarm/ https://dazeinfo.com/2019/11/06/amazon-net-income-by-year-gr... https://www.macrotrends.net/stocks/charts/AMZN/amazon/profit-margins https://www.macrotrends.net/stocks/charts/AMZN/amazon/profit... If their reports claim AWS profits are now offsetting losses in retail, then I guess their retail division has started losing money in the last few years for some reason. Which is odd given COVID landing in their lap.