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But isn't it the case that the cash cow for Amazon is actually AWS? That is, without AWS would we consider Amazon to be the success we see it as today?
by zoogeny 2y ago
But isn't it the case that the cash cow for Amazon is actually AWS? That is, without AWS would we consider Amazon to be the success we see it as today?
- machomaster 2y agoYes we would.
- stephenhuey 2y agoKeep in mind that while the store brings in a majority of revenue, it provides less than 20% of operating income. A majority of operating income comes from AWS (which provides less than 20% of revenue). https://www.fool.com/investing/2024/01/10/amazon-e-commerce-company-74-profit-this-instead/ https://www.fool.com/investing/2024/01/10/amazon-e-commerce-...
- machomaster 2y agoForget about AWS and simply compare Amazon with other offline/online/mixed stores. "In 2023, Amazon accounted for 37.6% of all e-commerce sales in America, which was light-years ahead of second-place Walmart at 6.3%." Amazon is highly successful even without AWS.