Amazon doesn't even pay a dividend. Do you think suppliers are just gifting their products to Amazon? Amazon is a pretty low-margin company on the whole.
Comment on Big Tech has already made enough money in 2024 to pay all its 2023 fines | Proton
Sheeple@lemmy.world 8 months ago[deleted]
kirklennon@kbin.social 8 months ago
Anon819450514@lemmy.ca 8 months ago
Have you seen the margin? You don’t know what you’re talking about.
farcaster@lemmy.world 8 months ago
Not OP but this kind of data is easily available for public companies: www.macrotrends.net/stocks/…/operating-margin
Less than 5% is definitely considered low-margin. Apple manages >40% by comparison. Although Amazon’s half a trillion dollars of revenue still turns that into a big pile of cash of course.