Tajuk : Here’s where Amazon’s profits are coming from (Hint: it’s not from online shopping)
link : Here’s where Amazon’s profits are coming from (Hint: it’s not from online shopping)
Here’s where Amazon’s profits are coming from (Hint: it’s not from online shopping)
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When you think of Amazon, you probably think of shopping. It’s the site that sells everything from books to phones to full-on vehicles. Accordingly, the company is the dominant player in e-commerce.
But as this chart from Statista shows, Amazon’s most well-known business isn’t its biggest driver of profits. That would be the company’s cloud computing unit, Amazon Web Services, which accounted for about 89% of Amazon’s $1 billion total operating profit this past quarter. That’s despite AWS accounting for just 10% of the company’s overall revenue during the same time frame.
This isn’t anything new — for years, the story with Amazon was high investments and low margins. Lately though, those investments have started to bear fruit, with AWS, now the number one service in the growing cloud business, being the prime example. In that light, it’s no wonder Amazon is looking to bulk up its cloud unit more than anything else.
Mike Nudelman/Business Insider/Statista
Disclosure: Jeff Bezos is an investor in Business Insider through hispersonal investment company Bezos Expeditions.
NOW WATCH: The newest flying car is backed by Larry Page — and you can buy it by the end of the year
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
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|
|
|
When you think of Amazon, you probably think of shopping. It’s the site that sells everything from books to phones to full-on vehicles. Accordingly, the company is the dominant player in e-commerce.
But as this chart from Statista shows, Amazon’s most well-known business isn’t its biggest driver of profits. That would be the company’s cloud computing unit, Amazon Web Services, which accounted for about 89% of Amazon’s $1 billion total operating profit this past quarter. That’s despite AWS accounting for just 10% of the company’s overall revenue during the same time frame.
This isn’t anything new — for years, the story with Amazon was high investments and low margins. Lately though, those investments have started to bear fruit, with AWS, now the number one service in the growing cloud business, being the prime example. In that light, it’s no wonder Amazon is looking to bulk up its cloud unit more than anything else.
Mike Nudelman/Business Insider/Statista
Disclosure: Jeff Bezos is an investor in Business Insider through hispersonal investment company Bezos Expeditions.
NOW WATCH: The newest flying car is backed by Larry Page — and you can buy it by the end of the year
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
Kredit kepada pemilik laman asal dan untuk meneruskan bacaan di laman asal sila klik link atau copy paste ke web server : http://ift.tt/2pVeqH1
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!
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