PopBobert@lemmy.world to Technology@lemmy.worldEnglish · 1 year agoFTC prepares “the big one,” a major lawsuit targeting Amazon’s core businessarstechnica.comexternal-linkmessage-square15fedilinkarrow-up1208arrow-down12
arrow-up1206arrow-down1external-linkFTC prepares “the big one,” a major lawsuit targeting Amazon’s core businessarstechnica.comPopBobert@lemmy.world to Technology@lemmy.worldEnglish · 1 year agomessage-square15fedilink
minus-squarevzq@lemmy.worldlinkfedilinkEnglisharrow-up14arrow-down1·1 year agoAmazon’s core business is AWS and has been for over a decade.
minus-squareYendor@reddthat.comlinkfedilinkEnglisharrow-up7·1 year agoAWS is big, but it’s nowhere near as big as Amazons retail divisions. In 2022, AWS was $80bn. Their online retail division was $220bn, and their 3rd party online retail was $117bn. https://fourweekmba.com/amazon-revenue-breakdown/
minus-squareMaybeItWorks@sh.itjust.workslinkfedilinkEnglisharrow-up4·1 year agoReally boils down to profit and not revenue. Retail margins are very, very thin.
Amazon’s core business is AWS and has been for over a decade.
AWS is big, but it’s nowhere near as big as Amazons retail divisions.
In 2022, AWS was $80bn. Their online retail division was $220bn, and their 3rd party online retail was $117bn.
https://fourweekmba.com/amazon-revenue-breakdown/
Really boils down to profit and not revenue. Retail margins are very, very thin.