Had to share this recent video from the Wall St. Millennial...
🕑 Added 2023-12-12 21:50:25 +0000 UTC
Had to share this recent video from the Wall St. Millennial. Did you know that Amazon has razor thin profit margins? Did you want some talking points about it to stay informed and in the know? Check out this awesome video.
Key point if you're in a rush:
"Amazon's revenue growth has been staggering, reaching over $500 billion in 2022. However, its operating profit margins have been razor-thin, ranging from 2 to 5% of revenue. Amazon operates in three distinct segments: North America, International, and Amazon Web Services (AWS). While the majority of Amazon's revenue comes from e-commerce, AWS consistently posts operating margins of 25 to 30%, while the e-commerce segments often struggle to break even."
https://youtu.be/UZKYfKrxK0o?si=dBvgXbTWD6sDyvKp
