Jeff Bezos, the billionaire founder of Amazon and owner of The Washington Post, announced that he would be taking the storied newspaper in a new direction.
I agree, but also they don’t make their money from sales. They make money from AWS servers/ services. I would bet that they lose money or maybe slightly break even on every sale of a physical item.
This has actually always been the case. Iirc, AWS was the only profitable piece of Amazon for years. The retail and consumer services arms will never catch up.
I agree, but also they don’t make their money from sales. They make money from AWS servers/ services. I would bet that they lose money or maybe slightly break even on every sale of a physical item.
Ugh, that really sucks. I didn’t realize AWS was their bread and butter now.
Even so.
This has actually always been the case. Iirc, AWS was the only profitable piece of Amazon for years. The retail and consumer services arms will never catch up.
Are any lemmy instances hosted on AWS?