Re:AWS Drives More Than Half of Amazon's Operating Income
by kgwgk on Friday February 01, 2019 @05:14PM
(#19059271)
US retail also drives more than half of Amazon's operating income.
[ Parent
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Re:AWS Drives More Than Half of Amazon's Operating Income
by pezdeath on Friday February 01, 2019 @05:36PM
(#19059450)
For Amazon, the cloud is the little engine that could. Amazon Web Services comprised just 11% of the company's overall sales in 2018, but delivered more operating income than all other business units combined.
I think that's the point the article is trying to make (first sentence of the article)
Re:AWS Drives More Than Half of Amazon's Operating Income
by SketchySeaBeast on Friday February 01, 2019 @05:26PM
(#19059365)
Wait a second....
Re:AWS Drives More Than Half of Amazon's Operating Income
by sokoloff on Friday February 01, 2019 @06:25PM
(#19059774)
It's surprising, but correct.
In 2018-Q4, North American retail drove $2.25B (59%) of OI; AWS drove $2.18B (58%) of OI. International retail lost ($642M) (-17%) of OI.
https://ir.aboutamazon.com/static-files/a5035fcd-5646-45df-b...