Re:Elon Musk-Led Group Makes $97.4B Bid for Control of OpenAI
by zoogeny on Monday February 10, 2025 @05:19PM
(#43006034)
But isn't it the case that the cash cow for Amazon is actually AWS? That is, without AWS would we consider Amazon to be the success we see it as today?
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Re:Elon Musk-Led Group Makes $97.4B Bid for Control of OpenAI
by machomaster on Monday February 10, 2025 @05:33PM
(#43006167)
Yes we would.
Re:Elon Musk-Led Group Makes $97.4B Bid for Control of OpenAI
by stephenhuey on Monday February 10, 2025 @05:54PM
(#43006357)
Keep in mind that while the store brings in a majority of revenue, it provides less than 20% of operating income. A majority of operating income comes from AWS (which provides less than 20% of revenue).
https://www.fool.com/investing/2024/01/10/amazon-e-commerce-...
Re:Elon Musk-Led Group Makes $97.4B Bid for Control of OpenAI
by machomaster on Tuesday February 11, 2025 @03:57PM
(#43018273)
Forget about AWS and simply compare Amazon with other offline/online/mixed stores.
"In 2023, Amazon accounted for 37.6% of all e-commerce sales in America, which was light-years ahead of second-place Walmart at 6.3%."
Amazon is highly successful even without AWS.