11
Amazon reports big earnings, crosses $1 trillion in value

Amazon reports big earnings, crosses $1 trillion in value

4 years ago
Anonymous $-riAjkQg_1

https://arstechnica.com/gadgets/2020/01/amazon-reports-big-earnings-crosses-1-trillion-in-value/

Amazon delivered its final quarterly earnings report for the 2019 fiscal year today, and investor response to a largely positive report describing big holiday sales and AWS performance drove the company's market cap above $1 trillion.

Amazon told investors that it achieved $87.4 billion in revenue during the fourth quarter of its fiscal-year 2019.