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.

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

Jul 27, 2018, 12:24pm UTC
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.