Ghost of Igloi wrote:
Seattle, ... On the AMZN earnings report page 9 shows losses on international retail business wiped out the profit in the US. AWS took them to profitability. Actually has been that way for awhile. But investors are sold a story and they buy it for now. It is all in the numbers I provided if you want to look at the facts, or just buy the narrative.
Igy
Subscription services were very solid, besides the AWS. That includes Amazon Prime, Audiobooks, ebooks, digital video, etc., Look at page 13. Those services are ongoing and have high barriers to entry. This revenue stream should serve them well for many years. They have numerous income producing segments and a history of innovating like crazy.
This isn't some hyped pipe dream like you would make it out to be. LOL.