webpronews.com
Amazon Exceeds Analyst Predictions, Posts its Highest Q4 Profits Ever
Buoyed by strong holiday sales and the robust performance of its cloud computing division, Amazon exceeded previous expectations set by analysts for its fourth quarter performance. The eCommerce giant posted a staggering $60.5 billion in revenue, surpassing Wall Street estimates which projected its revenues for the period to only reach $59.83 billion. For the fourth…