Amazon Equals Amazing
Amazon Is The World’s Best Business. Reason being,
Amazon — whose stock hit an all-time high after it announced its earnings as huge — many big companies, especially ones with famous names like GE and IBM, struggle to keep growing. Here is a throw-back video from 2017:
Fast forward and Just imagine Amazon today. Before getting into why Amazon is different, let’s look at its phenomenal results. Amazon — which for years has been growing at over 20% a year — is not slowing down. Instead, its growth rate is accelerating.
Its fourth-quarter revenue surged 38% to $60.5 billion, which beat analysts’ expectations of $59.83 billion. Amazon’s profit more than doubled to $1.9 billion — a figure that included a $789 million tax benefit, according to the Wall Street Journal.
Amazon expects to keep growing , forecasting sales between $47.75 billion and $50.75 billion, which would be up between 34% and 42%, respectively.
Will Amazon take over the planet, and will that be a good thing or not? Featuring products and services that basically touch all people everywhere, Amazon appears to be essential resource that we may not be able to live without. Take a look at Amazon and what they have too offer:
