I think this is a bit deceptive. Amazon biggest revenue source is AWS, Amazon’s cloud service. They have huge military and government contracts. This isn’t simply one retail giant beating another retail giant in retailing.
I think this is a bit deceptive. Amazon biggest revenue source is AWS, Amazon’s cloud service.
_________
You are correct about AWS making this article semi-deceptive. For at least 10 years I have read that AWS is profitable while the rest of Amazon is not. Here is the AI breakdown>>>>
Amazon’s expected Q4 2024 revenue of $187 billion does include contributions from Amazon Web Services (AWS). The company’s total revenue figure comprises three main segments:
North America ($115.6 billion)
International ($43.4 billion)
AWS ($28.8 billion)