
Seattle, WA – Amazon.com, Inc. (NASDAQ: AMZN) has released its highly anticipated fourth quarter financial results, revealing the company’s performance for the period ended December 31, 2024.
According to the announcement, Amazon’s net sales for the fourth quarter of 2024 reached a record high, driven by strong demand for its e-commerce services, cloud computing solutions, and advertising offerings. The company’s net income also saw significant growth, thanks to improved operational efficiency and strategic investments in emerging technologies.
“We are thrilled with our performance in the fourth quarter, which reflects the strength of our business model and the trust that customers have placed in us,” said Andy Jassy, Amazon’s CEO. “As we look ahead to 2025, we are committed to continuing to innovate and invest in areas that will drive long-term growth and profitability for our shareholders.”
Amazon’s fourth quarter results were also marked by significant milestones in its cloud computing business, Amazon Web Services (AWS). The company announced that AWS had achieved record revenue growth, driven by increased adoption of its services by businesses and governments around the world.
The company’s e-commerce business also saw strong growth, with sales increasing by double digits year-over-year. Amazon’s advertising business, which has become an increasingly important contributor to the company’s revenue, also saw significant growth, driven by increased demand from brands and advertisers.
Overall, Amazon’s fourth quarter results demonstrate the company’s continued leadership in the tech industry and its ability to drive growth and innovation across multiple business segments. As the company looks ahead to 2025, investors and analysts will be closely watching to see if Amazon can continue to deliver strong financial performance and achieve its ambitious goals.