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
I used to believe this stat too, then I looked it up. AWS is about 12.5% of their income. Online retail is about 50%. Your point still stands though, you can’t easily avoid Amazon’s revenue stream.
I mentioned revenue, not income. The income from AWS is low because much of the revenue is reinvested in expansion of AWS.
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)
What’s the difference?
Revenue represents sales, whereas income represents profits.
Why not just say profit then?
Profit would be income - expenses.