5 Reasons Amazon Could Deliver Higher Operating Profits in 2022
Amazon.com (NASDAQ: AMZN) managed to eke out operating profit expansion in 2021 despite massive investments in its Amazon Web Services (AWS) infrastructure, fulfillment capacity, COVID safety measures, and labor force, all while battling inflation. For the full year, the online retail giant generated $24.9 billion in operating income, up $2 billion from the year before.
Management is guiding for first-quarter operating income of between $3 billion and $6 billion, which would be a considerable decline from the $8.9 billion it generated in the first quarter last year. However, I'm optimistic operating margins will actually expand for the full year. Here are five reasons why.
Image source: Amazon.com.
Source Fool.com
