Well that’s not quite correct. If you look at their most recent 10-K, Ads made up about 8% of Amazon’s revenue. The bulk of their revenue is still retail (online, physical and third party seller services) with AWS providing about 16%.
Microsoft’s largest segment is cloud, but it doesn’t quite provide the bulk. Their ads business is small compared to the rest.
Certainly killing advertising would hurt them, but I’m not seeing a mortal wound here, so I thought I was missing something when you lumped them in.
Microsoft’s largest segment is cloud, but it doesn’t quite provide the bulk. Their ads business is small compared to the rest.
Certainly killing advertising would hurt them, but I’m not seeing a mortal wound here, so I thought I was missing something when you lumped them in.