A Foolish Take: How Amazon.com Makes Money

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.

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Source: Fool.com