Brom *did* know
Amazon Web Services (AWS) is a major contributor to Amazon's profits, accounting for a significant portion of the company's operating income:
2021: AWS contributed 74% of Amazon's operating profit
2020: AWS contributed 59% of Amazon's operating profit
2019: AWS contributed 63% of Amazon's operating profit
2018: AWS contributed 58% of Amazon's operating profit
Q3 2023: AWS contributed 74% of Amazon's operating income
Q1 2024: AWS contributed about 62% of Amazon's total operating income
AWS is Amazon's third largest operating segment by sales, but it's the most profitable part of the company. AWS is a leader in the cloud services market, with a 40% global market share.
AWS is profitable because cloud computing has a high operating margin. Selling digital services is a scalable business model, as one data center can serve the needs of thousands of businesses.
Posted By: Brom on November 4th 2024 at 13:03:48
Message Thread
- Back to the subject of reviews, amazon (General Chat) - Charles21, Nov 1, 00:20:59
- re-read what you said (General Chat) - earthleakage, Nov 1, 02:42:00
- "Misdirection" (General Chat) - usacanary, Nov 1, 12:05:11
- The main way amazon makes money is through AWS, not retail. (n/m) (General Chat) - Brom, Nov 1, 08:57:38
- ^^^brom didn't know (General Chat) - Tombs, Nov 1, 09:47:36
- Brom *did* know (General Chat) - Brom, Nov 4, 13:03:48
- ^^^brom didn't know (General Chat) - Tombs, Nov 1, 09:47:36
- what (n/m) (General Chat) - earthleakage, Nov 1, 02:12:17
- re-read what you said (General Chat) - earthleakage, Nov 1, 02:42:00
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