U.S. markets open in 5 hours 24 minutes
  • S&P Futures

    4,476.00
    +1.75 (+0.04%)
     
  • Dow Futures

    34,801.00
    +52.00 (+0.15%)
     
  • Nasdaq Futures

    15,519.00
    +1.25 (+0.01%)
     
  • Russell 2000 Futures

    2,227.90
    0.00 (0.00%)
     
  • Crude Oil

    72.20
    -0.41 (-0.56%)
     
  • Gold

    1,761.20
    +4.50 (+0.26%)
     
  • Silver

    22.95
    +0.16 (+0.71%)
     
  • EUR/USD

    1.1783
    +0.0011 (+0.09%)
     
  • 10-Yr Bond

    1.3310
    0.0000 (0.00%)
     
  • Vix

    18.54
    +0.36 (+1.98%)
     
  • GBP/USD

    1.3792
    -0.0005 (-0.03%)
     
  • USD/JPY

    109.9250
    +0.2070 (+0.19%)
     
  • BTC-USD

    47,748.83
    -575.86 (-1.19%)
     
  • CMC Crypto 200

    1,218.35
    -14.94 (-1.21%)
     
  • FTSE 100

    7,048.92
    +21.44 (+0.31%)
     
  • Nikkei 225

    30,500.05
    +176.71 (+0.58%)
     

Amazon Just Posted a Record Profit Margin: 3 Reasons It Will Get Even Better

·5 min read
Amazon Just Posted a Record Profit Margin: 3 Reasons It Will Get Even Better
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Gone are the days when Amazon (NASDAQ: AMZN) was just a company operating at breakeven, surrounded by doubts over whether it would ever be profitable. Amazon finished 2020 with $21.3 billion in net income, making it one of the most profitable companies in the world, and in the first quarter of this year, the company posted a bottom-line result of $8.1 billion, setting a new quarterly record. At a net margin of 7.5%, the quarter also represented its highest profit margin in more than a decade.