Can Amazon's Next Quarter Be Its First $100 Billion Quarter?
The coronavirus pandemic is causing sales to surge at Amazon (NASDAQ: AMZN). Still, reaching $100 billion in sales, in a single quarter, is quite the stretch goal. Even the largest company in the U.S. by market cap, Apple, hasn't been able to achieve that milestone, having only hit a measly $91.8 billion at its highest mark, in its fiscal first quarter of 2020.
For Amazon, achieving $100 billion in revenue would not only give it bragging rights, but it would cement the importance of the service it was able to provide during the pandemic. It has been a remarkable accomplishment for the company to handle the substantial increase in orders, and it has been a lifeline to many consumers around the world. Let's take a closer look at the possibility of reaching $100 billion in sales this quarter.
Amazon is getting close to a $100 billion quarter. Image source: Getty images.
Source Fool.com
