# Amazon Q4 2022 Financials • ongoing by Tim Bray

<https://www.tbray.org/ongoing/When/202x/2023/02/03/Amazon-Q4-2022>

- Host: [tbray.org](https://links.thingelstad.xyz/hosts/tbray.org/)
- Saved: February 2, 2023 (2023-02-03T04:47:33Z)
- Record: https://links.thingelstad.xyz/links/775e7e488fbe/
- JSON: https://links.thingelstad.xyz/links/775e7e488fbe.json

## What Jamie wrote

Bray used to work at AWS, and is not a financial analyst, but is a very smart developer.

> Amazon as a whole isn’t really very profitable. Its retail sector loses money, and that loss is made up by the tens of billions of gravy coming in from AWS and Advertising.
> 
> Why is this business structure considered rational? And why is it legal for Amazon to be the prime competitor of the economy’s whole retail sector while not having to make a profit?

There are a lot of reasons Amazon doesn't want to spin off Amazon Web Services, but agree with Bray that they should, and I wonder if the day is coming when they will be required to.

## Facts

- Kind: [Page](https://links.thingelstad.xyz/kinds/page/)

## Appears in

- [WT240: Weekly Thing #240 / Shapes, Tags, Ubiquity](https://weekly.thingelstad.com/archive/240/), Notable

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## Elsewhere

- Wayback Machine: https://web.archive.org/web/*/https://www.tbray.org/ongoing/When/202x/2023/02/03/Amazon-Q4-2022