Comment Re:Isn't that the goal of business in a free marke (Score 3, Informative) 271
AWS revenue was US$25.6 Billion in 2018... it was so profitable it enabled the rest of the company to generate 9+ times its own revenue in a profitable fashion? I post here in absolute, genuine awe.
Amazon's net profit for 2018 was $10 billion. The most recent numbers I can find show a net profit margin of about 25% for AWS, so about $6.5B or 2/3 of Amazon's overall profit for 2018.
That suggests the retail arm on its own is netting about 1.5% -- about half of Wal-Mart's 3% and probably not a sustainable model from a shareholder's standpoint.