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A comment on Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon. Parent comment

Re:Elizabeth Warren Proposes Breaking Up Tech Giants Like Am... by mywittyname on Friday March 08, 2019 @03:16PM (#19341752)
AWS is 10% of sales but 58% of operating income. Margins on AWS are hovering around 30% and growth has been double-digit every quarter for several years now.

AWS profits were worth a few hundred billion over the past seven years. As Amazon only as $40 billion in cash on hand, it's hard to argue they haven't put that money to good use.

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Re:Elizabeth Warren Proposes Breaking Up Tech Giants Like Am... by mrep on Friday March 08, 2019 @03:46PM (#19341999)
You are off by an order of magnitude. AWS had an operating income of $7.296 Billion USD in the 12 months ending in 2018 [0] and has been growing at about 45% YOY for many years. Extrapolating those numbers gives them about $21.765 billion USD of operating income in the past 7 years.

[0]: https://ir.aboutamazon.com/news-releases/news-release-detail...

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