Amazon Reports Biggest Quarterly Profit Of $1.9 Billion

Amazon Reports Biggest Quarterly Profit Of $1.9 Billion


Amazon has long had a reputation for shunning profits in favor of reinvestment. The company now employs some 566,000 people.

Amazon Reports Biggest Quarterly Profit Of $1.9 Billion

The retail giant said its sales jumped 38 percent in the fourth quarter of 2017, as people bought more Echo devices and Prime subscriptions during the booming holiday season. The tax bill also helped.

Amazon Reports Biggest Quarterly Profit Of $1.9 Billion


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