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Amazon now has more than 150 million Prime members


Amazon now has more than 150 million Prime members

The company says in the last three months, it earned nearly roughly $3.3 billion profit on sales of $87.4 billion, both of which smashed Wall Street expectations. Not only was Amazon’s retail division humming along, but its Amazon Web Services cloud computing division and its fast-growing advertising division both saw massive revenue jumps. That all helped Amazon offset its growing shipping costs, which jumped to an astronomical $12.9 billion as the company continues to build out its logistics network, yet were not enough of a drag to hurt its profitability.

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