Analyst Commentary

AWS steadily funds Amazon’s low-priced retail and media ventures

With few product announcements ahead of re:Invent, AWS still manages to dominate Amazon’s financial performance, eclipsing $1B in profit

Amazon Web Services (AWS) continued to support corporate profitability even as Amazon (Nasdaq: AMZN) invested in business expansions with the acquisition of Whole Foods, Prime growth, and the introduction of new Echo and Fire TV devices. More than 70% of AWS’ $1.171 billion in operating profit went to counter operating losses in the collective other retail and media segments, as A...

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