Brom *did* know

Amazon Web Services (AWS) is a major contributor to Amazon's profits, accounting for a significant portion of the company's operating income:
2021: AWS contributed 74% of Amazon's operating profit
2020: AWS contributed 59% of Amazon's operating profit
2019: AWS contributed 63% of Amazon's operating profit
2018: AWS contributed 58% of Amazon's operating profit
Q3 2023: AWS contributed 74% of Amazon's operating income
Q1 2024: AWS contributed about 62% of Amazon's total operating income
AWS is Amazon's third largest operating segment by sales, but it's the most profitable part of the company. AWS is a leader in the cloud services market, with a 40% global market share.
AWS is profitable because cloud computing has a high operating margin. Selling digital services is a scalable business model, as one data center can serve the needs of thousands of businesses.

Posted By: Brom, Nov 4, 13:03:48