<story><title>Amazon.com Announces Fourth Quarter Sales Up 38% to $60.5B</title><url>https://finance.yahoo.com/news/amazon-com-announces-fourth-quarter-210100782.html</url></story><parent_chain></parent_chain><comment><author>justboxing</author><text>Looks like AWS is their Golden Goose, with 64% of their operating income coming from it. ( The retail side must be operating at very thin margins. )&lt;p&gt;&amp;gt; For the quarter, AWS sales jumped 45 percent year-over-year, while generating $1.3 billion in operating income, a whopping 64 percent share of Amazon&amp;#x27;s total operating income.&lt;p&gt;Source: &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.cnbc.com&amp;#x2F;2018&amp;#x2F;02&amp;#x2F;01&amp;#x2F;amazon-earnings-q4-2017.html&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.cnbc.com&amp;#x2F;2018&amp;#x2F;02&amp;#x2F;01&amp;#x2F;amazon-earnings-q4-2017.html&lt;/a&gt;&lt;p&gt;Closed at 1,390.00 down -60.89 (-4.20%)&lt;p&gt;After Hours (after earnings announcement): 1,477.99 up +87.99 (6.33%)&lt;p&gt;Saw the close and thought the bull run was correcting. 2 hours later, it ups another 88$. Wow.</text></comment>
<story><title>Amazon.com Announces Fourth Quarter Sales Up 38% to $60.5B</title><url>https://finance.yahoo.com/news/amazon-com-announces-fourth-quarter-210100782.html</url></story><parent_chain></parent_chain><comment><author>jxub</author><text>What a monster.&lt;p&gt;I wonder whether AMZN reaches a point where they crush the competition at all levels and become a glitch in this somewhat functional current capitalist system, marking the start of a monopoly blob system without a name yet. Then I remember, their approach now seems to be all about building internal interfaces and reusing them with the customer in some way (see eg. AWS).
It isn&amp;#x27;t about destruction, more like symbiosis.
But they may still morph the economy into something different and that change is scary.</text></comment>