Amazon reported a record net income of $10.1 billion in 2018, which was a considerable jump from $3 billion in 2017. CNBC breaks down where exactly the money came from and how Amazon Web Services, advertising and the third-party marketplace are driving Amazon's increased profitability.
For more on Amazon check out the following videos:
As Amazon Air Expands, FedEx And UPS May Suffer
https://www.youtube.com/watch?v=Efs3PyR8iBw
Jeff Bezos In 1999 On Amazon's Plans Before The Dotcom Crash
https://www.youtube.com/watch?v=GltlJO56S1g
Is Amazon HQ2 A Bad Gamble For Cities?
https://www.youtube.com/watch?v=s5ouSWNQrkA
Inside Amazon's New 4-Star Store
https://www.youtube.com/watch?v=_lqjxVO4u5M
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How Amazon Makes Money
Published 3 years ago
Category Video / Affiliate Income
TagsCNBC business news finance stock stock market news channel news station breaking news us news world news cable cable news finance news money money tips financial news Stock market news stocks how does amazon make money is amazon profitable? is amazon profitable does amazon price match? amazon stock selling on amazon
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