"I don't get out of bed for businesses doing less than 50% gross margin, son."
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Good point. What’s the margin on AWS, books and their Prime business?
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Short answer. Don’t know exactly. Longer answer: people think that amazons retail business is low margin (fewer by the day) but they’re wrong. The marketplace business is very high margin. For example they take a 15% cut of every sale and charge advertising. Both r 10% margin.
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