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Read their annual reports for the past few years.
by dzink 3y ago
Read 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.