![Amazon’s Profit Triples as Sales Show Resilience Leading Into Holidays](https://i0.wp.com/contentedreader.com/wp-content/uploads/2023/10/1698351949_social.jpeg?resize=768%2C432&ssl=1)
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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