alt Hacker NewsIn Q1 2026, AWS was 60% (roughly) of Amazon’s operating income.
I’m not so sure their retail piece is the part that’s making them big money.
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malfist • yesterday at 11:54 PM
Thats the story they tell investors because investors love a growing tech company. But scratch the surface a bit and you see retail shoveling most of it's profit into purchasing AWS.
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If they were targeting 60% margins in grocery they would be bankrupt.
Retail has famously razor thin margins.
But their cash flow came in handy when AWS needed 300B in cash for gpus. Nobody could lend them that amount.