Amazon shifting focus to boost profits from retail operations, with potential $90 billion increase by 2027

From CNBC: 2024-08-21 16:28:19

Amazon is aiming to boost profits from its retail business starting in 2025, with analysts predicting an additional $90 billion in operating income by 2027. The focus will shift from Amazon Web Services to retail operations, which will need to increase profitability as AWS growth levels off. Despite recent e-commerce challenges, Amazon remains confident in improving retail margins and overall profitability through cost optimization and network expansions. Analysts believe Amazon can rise to the challenge, even after a slight post-earnings stock dip.



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