Re:Jeff Bezos killed Washington Post endorsement of Kamala H...
by chgs on Saturday October 26, 2024 @06:31AM
(#41953903)
I say I make $100k year. That’s my salary, it’s my revenue. To do that I have to do things like paying taxes, rent, electric costs etc.
Re:Jeff Bezos killed Washington Post endorsement of Kamala H...
by dmix on Saturday October 26, 2024 @03:21PM
(#41957045)
The $1B/yr is revenue too
...probably at a way lower profit range than most corporate contracts given how demanding gov deals are.
Are you confusing revenue with profit? Yeah, a lot of money pumps in one end of Amazon retail and out the other, but there is very little margin: the $550+ billion in revenue on the retail side, as I understand, brings in significantly less net than the $90 billion in revenue on the cloud side.
And government contracts, where one might expect support or opposition from a potential cheif executige who has made overt promises of purges and other uses of office to punish enemies and reward friends to make a big difference, are an important part of that (not just that one $1B contract.)