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Amazon Soars to $1 Trillion Value After Earnings Crush Estimates

For the fourth quarter, Amazon reported revenue of $87.4 billion, up 21% from the year ago quarter and above the company’s guidance range of $80 billion to $86.5 billion. Operating income was $3.9 billion, well above Amazon’s guidance range of $1.2 billion to $2.9 billion. Read More...

For the fourth quarter, Amazon reported revenue of $87.4 billion, up 21% from the year ago quarter and above the company’s guidance range of $80 billion to $86.5 billion. Operating income was $3.9 billion, well above Amazon’s guidance range of $1.2 billion to $2.9 billion.

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