Reminds me how Amazon is fundamentally a logistics company. Their merchandising is basically non-existent. Pretty much indestinguishable from AliExpress + fast shipping.
No. Cloud hosting (AWS) provides the substantial majority of the profits (and all the profits some of the time), but only a small fraction of the revenue.
Comments
Reminds me how Amazon is fundamentally a logistics company. Their merchandising is basically non-existent. Pretty much indestinguishable from AliExpress + fast shipping.
Isn't Amazon more of a cloud hosting (AWS) company, with some logistics + retail front end on the side?
No. Cloud hosting (AWS) provides the substantial majority of the profits (and all the profits some of the time), but only a small fraction of the revenue.