Amazon’s Profit Triples as Sales Show Resilience Leading Into Holidays

Amazon’s Profit Triples as Sales Show Resilience Leading Into Holidays
Amazon’s Profit Triples as Sales Show Resilience Leading Into Holidays


Amazon.com said profit tripled to nearly $10 billion from July to September as strong sales in its cloud-computing, advertising and retail units helped the company continue its rebound from postpandemic lows.

The company’s sales increased by 13% to $143.1 billion for its third quarter, beating Wall Street expectations. Profit was $9.9 billion, more than triple the result from the same period last year. 

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