this post was submitted on 13 Jan 2024
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No one is on Lemmy because they like shitty corps so I need your help

I'm at a loss. Increasingly whenever I order New on eBay or wherever, the order gets fulfilled by Amazon.

When I complain to the site I bought it from they shrug.

I'm regularly paying more for items and still funding an undeniably awful company

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[–] [email protected] 14 points 9 months ago (1 children)

AWS is about 12.5% of their income.

I mentioned revenue, not income. The income from AWS is low because much of the revenue is reinvested in expansion of AWS.

[–] [email protected] 9 points 9 months ago* (last edited 9 months ago) (1 children)

Then we're both wrong. A deeper dive into newer numbers shows AWS REVENUE is 16% (12.5% is a year or two old). online stores REVENUE is 50%. The thing is that online stores recently started losing money so AWS INCOME is currently Amazon's bread winner. (Edit: swipe type spelling mistakes)

[–] [email protected] 2 points 9 months ago (1 children)
[–] [email protected] 4 points 9 months ago (1 children)

Revenue represents sales, whereas income represents profits.

[–] [email protected] 1 points 9 months ago (1 children)

Why not just say profit then?

[–] [email protected] 1 points 9 months ago

Profit would be income - expenses.