On Thursday, Amazon said it had earned $6.47 a share in the quarter, up from $6.04 a year earlier. Amazon went wide last year with one-day shipping for members of its Prime service, and “fast” is usually synonymous with “expensive.”Not this time. Amazon said more customers joined Prime in the fourth quarter than ever before, pushing worldwide membership to 150 million households. That total was also more than analysts expected. Sales came in at $87.4 billion, up 21 percent from a year earlier and above what Wall Street predicted.

Source: New York Times January 30, 2020 21:56 UTC