Amazon generates a ton of cash and the strategy of rolling that back into the business has, broadly, worked well. The challenge now as the company gets on in ye

Amazon generates a ton of cash and the strategy of rolling that back into the business has, broadly, worked well. The challenge now as the company gets on in years is that there’s some bits making cash and a whole lot that’s not. That OK so long as the cash keeps coming in to subsidize things but if that changes things will get messy quickly. They’re clearly trying to start rationalizing that now, including with AWS where they’re starting to address some of the bloat there and lack of a coherent strategy at scale outside EC2, storage, and a few other core services.