Amazon Profits Double, But Cautious Outlook Disappoints
- Posted on February 7, 2025
- By International Business Times
- 5 Views
![](https://d.ibtimes.com/en/full/4581054/full-year-2024-amazons-net-income-jumped-592-billion-304-billion-2023.jpg)
Amazon Profits Double, But Cautious Outlook Disappoints
![](https://d.ibtimes.com/en/full/4581054/full-year-2024-amazons-net-income-jumped-592-billion-304-billion-2023.jpg)
E-commerce giant Amazon reported Thursday its fourth-quarter net income nearly doubled to $20 billion, driven by strong holiday sales, but its outlook for the coming quarter came in less than hoped for by analysts.