$1.4 Billion Per Day: How Amazon Just Destroyed All Its Sales Records
Investors had high expectations heading into Amazon's (NASDAQ: AMZN) holiday quarter announcement. The pandemic supercharged online shopping and moved more business activity to the cloud, lifting results for both of the tech giant's main business lines in 2020.
But the fourth quarter still represented a head-turning record for the company. Sales blew past management's forecast, Amazon revealed this week, to land at $126 billion, or roughly $1.4 billion for each day in Q4.
Let's take a look at how Amazon prospered through that historic strain on its fulfillment and supply chains over the holidays.
Source Fool.com
