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But your capital lease payments aren't included in (ie removed from) that operating profit. Since you don't know which is larger, I remain befuddled how you cl
by x0x0 11y ago
But your capital lease payments aren't included in (ie removed from) that operating profit. Since you don't know which is larger, I remain befuddled how you claim aws is profitable.
- sokoloff 11y agoCapital lease principal payments are absolutely charged against operating profit per GAAP. If Amazon is breaking out a segment P&L for AWS, they are no doubt making a good faith effort to correctly charge operating expenses, including capital leases, against that P&L. They also don't break out their electricity costs to run their DCs nor their engineering costs attributable to AWS, yet I'm confident that they are charging those costs against the AWS segment as appropriate. What evidence do you have that Amazon is not removing the capital lease principal payments from the operating profit they're reporting? It's not like they could possibly imagine that's going to "fly"...