Re:AWS’s Share of Amazon’s Profit
by jariel on Tuesday June 16, 2020 @06:07AM
(#23537442)
"Amazon's retail business is going to completely dwarf AWS in the long term"
It will in revenues but not in profits.
Right now, Wallmart, Exxon, GM etc. 'dwarf' most tech businesses in terms of revenues and the size of their businesses, but the profits are smaller, so tech companies have a higher valuation.
It will in revenues but not in profits.
Right now, Wallmart, Exxon, GM etc. 'dwarf' most tech businesses in terms of revenues and the size of their businesses, but the profits are smaller, so tech companies have a higher valuation.