Amazon's sales reached $ 386.1 billion in 2020
|Amazon, which owns the largest online store in the world, reported for the last quarter of 2020 and for the year as a whole. |
Sales for the fourth quarter of 2020 reached $ 125.6 billion. This is a 42% increase over the same period in 2019, when the company generated $ 87.4 billion in revenue. Quarterly operating profit increased from $ 3.9 billion to $ 6.9 billion, while net income increased from $ 3.3 billion to $ 7.2 billion.
Sales for the full year 2020 totaled $ 386.1 billion. This is 38% more than in 2019, when the company's sales were equal to $ 280.5 billion. Operating profit for 2020 was $ 22.99 billion, compared to $ 14.5 billion in 2019. Net profit increased from $ 11.6 billion to $ 21.3 billion.
In the current quarter, the e-commerce giant expects revenue of $ 100.0 - $ 106.0 billion and operating profit of $ 3.0 - $ 6.5 billion.
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