EP298 - Amazon Q3 Earnings
The Jason & Scot Show - E-Commerce And Retail News
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Amazon's a Better Business Than AWS, Right?
Amazon sold $9.5 billion worth of ads this quarter, which is not as big as AWS. But the margins for ads are way better than the margins forAWS. So you add up the last four quarters of the ads business and it's now a $36 billion business. It passed Snapchat and then Twitter. There's a day where it could close in on Facebook because it's the Amazon size growing very rapidly.
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