Revenues of AWS are a significant but smaller part of total Amazon, but the margin there is both huge and not squeezed by competition with all other retailers o

Revenues of AWS are a significant but smaller part of total Amazon, but the margin there is both huge and not squeezed by competition with all other retailers or the economics of physical goods. The AWS growth has got to be responsible for a huge part of the operating income growth. "Apart from the financial results, we made our customers’ lives meaningfully better and easier...." I really dislike how he obviously restricts his vision here to consumers. Amazon weilds such influence and impact that the entire economy should be viewed as the "customer", and I don't believe the story from that context is as rosy and universally positive.