View Single Post
  #108  
Old April 23, 2018, 06:01 AM
Tausif's Avatar
Tausif Tausif is offline
Champions Trophy 2017 Fantasy winner
Cricket Legend
 
Join Date: January 9, 2015
Location: Gotham City
Favorite Player: Fizz
Posts: 3,740

Quote:
Originally Posted by Yankees
I'm not sure why WSj thinks this is news. Amazon is first and foremost a retail company that delivers goods. It's common sense that they have lots of warehouses and people to facilitate the logistics.
They have a huge cloud business and often get compared to the big technology companies such as Facebook and Google mostly because the stock trades like a tech stock and valued much more than the other giants. In fact, more than half of their operating income comes from AWS. A lot of their revenue is also coming from products such as Echo and Alexa. Their core business is not just retail business anymore and the article is merely on the new median pay data that public companies are releasing recently.
Reply With Quote