How Important Is AWS to Amazon?

The video discusses Amazon's financial performance, focusing on Amazon Web Services (AWS) and its significant contribution to the company's profits despite being a smaller portion of revenue. It highlights AWS's growing margins and profitability, contrasting it with the challenges faced in the e-commerce sector. The discussion also touches on the philosophy of stock value, emphasizing reinvestment over dividends.

What philosophical notion about company management is discussed in relation to dividends?

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What is the significance of Amazon's approach to reinvesting cash instead of paying dividends?

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