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Amazon's stock holders are sure happy at this point Amazon didn't accept to be just an online book store.

itsoktocry 3y ago
>Amazon's stock holders are sure happy at this point Amazon didn't accept to be just an online book store. Sometimes I wonder what possesses a person to always point to single, extremely rare examples as analogies, like this. Tesla is not Amazon. Hocking goods online is not selling cars. Does Amazon really make much money off of anything but AWS?
- decremental 3y ago
  [dead]
- sigmoid10 3y ago
  Last year they made more than twice as much with pure online, in-house product sales than they did with AWS. Even their third party sales made 50% more than AWS. Their cloud computing might be big, but it is still dwarfed by ordinary sales.
  - luma 3y ago
    In revenue, but not in profit.
- distortionfield 3y ago
  Except it’s not a single rare phenomenon, and Tesla has proven itself capable of serious innovation before.
- rezonant 3y ago
  I read it as tribalism. Internet commentator with investments in Amazon (either via stock or just by choosing to use their products) decides to spend their time unquestioningly promoting a trillion dollar company for free. It's a tale as old as time, unfortunately HN is far from immune to it. I dislike Amazon and Tesla pretty equally, but then Bezos didn't royally screw up Twitter, so there's that.
- deleted 3y ago
  [deleted]
helsinkiandrew 3y ago
Amazon built AWS to serve the book store and then rented it out to others. The Tesla analogy would be for them to sell their car parts/IP to other companies or build other peoples products in their factories.
- cinntaile 3y ago
  The analogy would be their charging infrastructure imo and that's exactly what they have done.
- koolba 3y ago
  > Amazon built AWS to serve the book store and then rented it out to others. Except they didn’t. It was always meant to be its own line of business with external customers.
  - helsinkiandrew 3y ago
    Technically your correct - but the e-commerce infrastructure that built Merchant.com and then AWS came out of the technology and services built for and used by the Amazon.com platform

>Amazon's stock holders are sure happy at this point Amazon didn't accept to be just an online book store. Sometimes I wonder what possesses a person to always point to single, extremely rare examples as analogies, like this. Tesla is not Amazon. Hocking goods online is not selling cars. Does Amazon really make much money off of anything but AWS?

decremental 3y ago
[dead]
sigmoid10 3y ago
Last year they made more than twice as much with pure online, in-house product sales than they did with AWS. Even their third party sales made 50% more than AWS. Their cloud computing might be big, but it is still dwarfed by ordinary sales.
- luma 3y ago
  In revenue, but not in profit.
distortionfield 3y ago
Except it’s not a single rare phenomenon, and Tesla has proven itself capable of serious innovation before.
rezonant 3y ago
I read it as tribalism. Internet commentator with investments in Amazon (either via stock or just by choosing to use their products) decides to spend their time unquestioningly promoting a trillion dollar company for free. It's a tale as old as time, unfortunately HN is far from immune to it. I dislike Amazon and Tesla pretty equally, but then Bezos didn't royally screw up Twitter, so there's that.
deleted 3y ago
[deleted]

helsinkiandrew 3y ago

Amazon built AWS to serve the book store and then rented it out to others. The Tesla analogy would be for them to sell their car parts/IP to other companies or build other peoples products in their factories.

cinntaile 3y ago
The analogy would be their charging infrastructure imo and that's exactly what they have done.
koolba 3y ago
> Amazon built AWS to serve the book store and then rented it out to others. Except they didn’t. It was always meant to be its own line of business with external customers.
- helsinkiandrew 3y ago
  Technically your correct - but the e-commerce infrastructure that built Merchant.com and then AWS came out of the technology and services built for and used by the Amazon.com platform