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next_xibalba
on July 26, 2022
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Alphabet Q2 FY2022 Earnings [pdf]
Huh? Isn't the ecomm component of Amazon's "Total Rev" several hundred billion?
HeyItsMatt
on July 26, 2022
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COGS is >70% of that number. Retailers typically subtract it before calculating gross margins.
next_xibalba
on July 27, 2022
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Sure but we're talking revenue, not gross margins.
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