2 ms·
> They make $600B+ a year. Are you confusing revenue with profit? Yeah, a lot of money pumps in one end of Amazon retail and out the other, but there is very l
by dragonwriter 2y ago
> They make $600B+ a year.
Are you confusing revenue with profit? Yeah, a lot of money pumps in one end of Amazon retail and out the other, but there is very little margin: the $550+ billion in revenue on the retail side, as I understand, brings in significantly less net than the $90 billion in revenue on the cloud side.
And government contracts, where one might expect support or opposition from a potential cheif executige who has made overt promises of purges and other uses of office to punish enemies and reward friends to make a big difference, are an important part of that (not just that one $1B contract.)
- chgs 2y agoI say I make $100k year. That’s my salary, it’s my revenue. To do that I have to do things like paying taxes, rent, electric costs etc.
- deleted 2y ago[deleted]
- dmix 2y agoThe $1B/yr is revenue too ...probably at a way lower profit range than most corporate contracts given how demanding gov deals are.
- worik 2y ago> a lot of money pumps in one end of Amazon retail and out the other, but there is very little margin Citation needed I thought they had fabulous margins Am I wrong