fazalmajid
fazalmajid@kbin.social
Joined
0 posts • 20 comments
Amazon’s core business is AWS, which is worth more than 60% of the market cap. Amazon’s advertising business generates half the profits of AWS and has even faster growth, so should be worth 30% of Amazon’s market cap. The only conclusion is that Wall Street considers Amazon’s e-commerce to be nearly worthless other than as a loss-leader for Ads, and it should thus not be considered their “core business”.
And they never bothered to free his mother Shmi
I’d say The Expanse has revisited many of those themes, better.
I’m not sure how valid that criticism is. Reddit’s search is abysmal as well, doesn’t seem to have hurt them.