Page 2 - போது அமேசான் வலை சேவைகள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Amazon reports record profits in last quarter of 2020 According to Amazon’s latest financial disclosures, the giant international conglomerate recorded unprecedented profits and revenue in the last three months of 2020, as the pandemic sent its sales soaring, and the company continued expanding its operations around the globe. In these disclosures, made available last month, Amazon reported a fourth-quarter profit of $7.2 billion, more than double what was expected by analysts. This raised its 2020 full-year profits to $21.3 billion, the highest level in company history. This compared to $17.4 billion in 2019 and $13.2 billion in 2018. For hundreds of millions of people, the coronavirus pandemic has been an extreme hardship and an economic disaster, punctuated by funerals of loved ones and other tragedies. But for the corporate-financial oligarchy in control of giant corporations like Amazon, it has been a cash bonanza like nothing they have ever seen before.

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