5 ms·
The 10-K makes this concrete. AWS is 17% of Amazon revenue but ~60% of operating income (FY2024). The retail arm runs on thin margins — the infrastructure arm s
by clearstack 4mo ago
The 10-K makes this concrete. AWS is 17% of Amazon revenue but ~60% of operating income (FY2024). The retail arm runs on thin margins — the infrastructure arm subsidizes everything.