A Foolish Take: How Amazon.com Makes Money
Amazon (NASDAQ: AMZN) is taking over the retail industry, but that's not how it makes money.
Three-quarters of its operating income last year came from its cloud computing business, Amazon Web Services (AWS). Only a quarter came from retail sales.
Data source: Amazon.com 2016 10-K. Chart by author.
Source: Fool.com
Amazon.com Inc. Stock
€149.00
-0.030%
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As a result the target price of 191 € shows a positive potential of 28.19% compared to the current price of 149.0 € for Amazon.com Inc..
