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Amazon's revenue in 2024 was about the size of Belgium's GDP. Higher than Sweden or Ireland. It makes a profit similar to Norway, without drilling for offshore
by stevejb 11mo ago
Amazon's revenue in 2024 was about the size of Belgium's GDP. Higher than Sweden or Ireland. It makes a profit similar to Norway, without drilling for offshore oil or maintaining a navy. I think they've got plenty of juice left.
- deleted 11mo ago[deleted]
- melozo 11mo agoYou’re right about that. I guess what I mean is, how long will people be enthusiastic about AWS and its ability to innovate. But AWS undeniably has some really strong product offerings - it’s just that their pace of innovation has slowed. Their managed solutions for open source applications is generally good, but some of their bespoke alternatives are lacking over the last few years (ecs kinesis code* tools) - it wasn’t always like that (sqs ddb s3 ec2).
- notJim 11mo agoThe navy comment is a bit unfair, as it's well-known that Amazon is more of an airpower (hence "the cloud" etc.)
- shepherdjerred 11mo agoYou could argue Amazon's security is an irregular military force
- underlipton 11mo agoThe universe's metaphysical poeticism holds that it's slightly more likely than it otherwise would be that the company that replaced Sears would one day go the way of Sears.