How Amazon Makes Money

February 18 2019, 11:45am

Didn’t realize Amazon made so much more money in AWS than their retail business.

Amazon reported a record net income of $10.1 billion in 2018, which was a considerable jump from $3 billion in 2017. CNBC breaks down where exactly the money came from and how Amazon Web Services, advertising and the third-party marketplace are driving Amazon's increased profitability.