News > Amazon surpasses $100B in quarterly revenue for 1st time

Amazon surpasses $100B in quarterly revenue for 1st time

Sify | 03/02/2021 04:00 PM | Click to read full article

After Apple, Amazon became the second US tech company to log its largest quarter by revenue of all time at $125.56 billion, as online shopping broke all records in the holiday quarter.

The company doubled its net income to $7.2 billion for the quarter, compared to $3.3 billion for the same period in 2019. "Amazon is what it is because of invention. We do crazy things together and then make them normal," said Bezos who founded Amazon in 1994.

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