I am discussing this in the context of their disclosures for Q4 and historical reporting. The "pays itself in 2 years" is intuitively wrong and on the basis of

I am discussing this in the context of their disclosures for Q4 and historical reporting. The "pays itself in 2 years" is intuitively wrong and on the basis of 100% usage estimates. CapEx exploded while depreciation barely increased means Amazon pushed more spending into assets that won’t be depreciated immediately. This inflates short-term profits. In 2024, CapEx surged to almost 120% of operating income. They are spending more on investments than they earn from operations. I dont think it's sustainable.