Amazon did pretty good, For the fourth quarter

Amazon did pretty good,

For the fourth quarter, ending Dec. 31, 2020, Amazon reported:

Net sales of $125.56 billion , a 43.6% increase from $87.44 billion in the same quarter in 2019. Net product sales accounted for $71.06 billion, up 40.6% year over year from $50.54 billion. Net service sales hit $54.50 billion, up 47.7% from the prior year’s $36.90 billion.

North American net sales of $75.35 billion , up 40.4% from $53.67 billion in the fourth quarter of 2019. North America accounted for about 60.0% of total net sales in the fourth quarter of 2019, or 66.8% of sales excluding AWS.

International net sales totaling $37.48 billion , up 57.4% from $23.81 billion in the fourth quarter of 2019. International accounted for about 29.8% of total net sales in the fourth quarter, or 33.2% of sales excluding AWS.

Amazon Web Services revenue hit $12.74 billion during the quarter, up 28.1% from $9.95 billion a year earlier. AWS sales accounted for 10.1% of consolidated revenue in the fourth quarter of 2019. AWS earned $3.56 billion in operating income, or 51.9% of the $6.87 billion in consolidated operating income Amazon reported in Q4.

Other revenue, including advertising, totaled $7.95 billion, up 66.4% from $4.78 billion in the same period in 2019.
Revenue from subscriptions, including Prime fees, was $7.06 billion, up 34.8% from $5.24 billion in the same period in 2019.
Net income of $7.22 billion, up 120.9% from $3.27 billion in the same period in 2019.
Spending on fulfillment increased 51.6% to $18.47 billion, up from $12.19 billion in the same period in 2019.

Spending on marketing increased 20.0% to $7.40 billion, up from $6.17 billion in the same period in 2019.
Spending on technology and content increased 23.7% to $12.05 billion, up from $9.74 billion in the same period in 2019.
General and administrative spending increased 39.6% to $1.97 billion, up from $1.41 billion in the same period in 2019.

https://www.digitalcommerce360.com/article/am...%20earlier.