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Cory can't believe that Amazon's non-AWS units combined have such low profit margins. But he never explains how, exactly, decomposing the non-AWS income statem
by panarky 3y ago
Cory can't believe that Amazon's non-AWS units combined have such low profit margins.
But he never explains how, exactly, decomposing the non-AWS income statement into separate income statements for each non-AWS activity would somehow uncover hidden income.
How could it not show that some activities were profitable, others lost money, and the sum matches the aggregate reported in the 10-K?
- joshribakoff 3y agoPerhaps the suggestion is that Amazon’s retail operation is over-billed by the AWS operation… so on paper it looks like AWS is taking in profits that actually wouldn’t exist if not for the retail revenue
- panarky 3y agoHow would disaggregating the non-AWS segment into smaller sub-segments show that AWS is inflating intracompany billing?