01 Feb Online Sales Skyrocketed This Holiday—Will Amazon's Profit Follow?
The company’s investment-heavy strategy could force a Q4 earnings miss tomorrow, even as it continues to crush traditional retailers.
The company’s investment-heavy strategy could force a Q4 earnings miss tomorrow, even as it continues to crush traditional retailers.
It’s been a heck of a holiday quarter for Amazon, what with online sales at record levels and the e-commerce giant entrenching itself further into the supply chain with ventures like Prime Air—not to mention more aggressive bets on original movies and TV content. When Amazon reports fourth-quarter earnings tomorrow afternoon, there will almost be too many moving parts to keep track of, but we’ll have our eye on a few key things. Specifically, are customers actually grafting on to its new services? And are some of these bets finally paying off?
Source: Fast Company
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