Inflation

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online store needed hardcore infrastructure. 2006 I think is when they turned it client-facing. I may be wrong on the dates there, but 2015 >> is the year it became profitable. >> Yeah. >> The total capital expenditures normalized for inflation were $29.7 billion across that 12-year period. >> Yeah. >> And yeah, it lost money, but if we speak cold economics here, Amazon didn't have to go into the They were unprofitable in a in a way, but their margins actually started improving cuz AWS was a very margin-heavy business. It was great.

>> The total capital expenditures normalized for inflation were $29.7 billion across that 12-year period.

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