Amazon can make loads of money when it actually feels like it

Amazon can make loads of money when it actually feels like it

6 years ago
Anonymous $RBasgWKaIV

https://qz.com/1341589/amazon-can-make-loads-of-money-when-it-actually-feels-like-it/

Amazon isn’t exactly known for putting up big profits—but if it wants to, it can.

That’s what happened in the latest quarter, for which Amazon reported a record-setting $2.5 billion in profit. That was an astonishing 1,200% more than the $197 million in profit Amazon posted in the same quarter a year earlier, as well as 37% better than the fourth quarter of 2017, which had previously been Amazon’s most profitable quarter.