Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Think Amazon Rakes In Most of Its Profit Through E-Commerce? Nope -- 74% of Its Operating Income Instead Comes From This.

TheMotleyFool

0 0

Think Amazon Rakes In Most of Its Profit Through E-Commerce? Nope -- 74% of Its Operating Income Instead Comes From This.: https://g.foolcdn.com/editorial/images/760282/amazon-flex-driver-delivering-package-to-door-step.png

If your family is like mine, you kept Amazon (NASDAQ: AMZN) busy over the last few months. Rarely a day went by when we didn't have at least one Amazon package at our doorsteps.

Amazon's e-commerce unit has made the company a household name. The scale of its operations surpasses all others. So it would make sense if Amazon rakes in most of its profits from e-commerce. But it doesn't. Nearly three-quarters -- 74% -- of its operating income comes from another source.

Image source: Amazon.

Source Fool.com

Like: 0

AMZN

Share