Walmart could have achieved the best sales of one other company within the S&P 500 within the last 12 consecutive years, but one other e-commerce giant comes for his crown.
Amazon achieved sales of 187.8 billion US dollars in his Last earnings publication For the fourth quarter of 2024 after the top of the market on Thursday, greater than the turnover of 180 billion US CNBC.
If the Walmart projection matches, this may mark for the primary time in over a decade that one other company Walmart has usurpated as a top turnover generator on the S&P 500. In 2012, Walmart took the highest position of Exxon Mobil Pro CNBC.
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“The holiday shopping season was the most successful for Amazon and we appreciate the support of our customers, sales partners and employees who contributed to the fact that the profit was published,” said Amazon CEO, CEO from Amazon.
Amazon’s online shopping business has shot up since pandemic. The company’s annual turnover in North America has grown by greater than 100% per CNBC since 2019.
Amazon’s successful cloud business, Amazon Web Services (AWS), also contributed to its sales growth. In the past few years, sales within the division rose from $ 45.37 billion to almost doubled amount or 90.76 billion dollars in 2023 in 2020. Statesman.
Amazon CEO Andy Jassy. Photographer: David Ryder/Bloomberg via Getty Images
In the third quarter of 2024 sales of the AWS Increased 19% In the previous 12 months and 17% to the overall sales.
Amazon also met a milestone for its turnover for the complete 12 months of 2024. The company first crossed the 600 billion dollar brand with a record sales of $ 638 billion in 2024.
In this measure, Amazon just isn’t expected to be exceeded Walmart, which can probably report sales of $ 681 billion for $ 600 billion and the $ 600 billion mark in 2023 with one Has exceeded sales of income 611.3 billion US dollars.
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