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Amazon now has more than 150 million Prime members

amazon

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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