Amazon's Ridiculous Holiday Quarter: By the Numbers (Morning Brew)

Amazon's Ridiculous Holiday Quarter: By the Numbers

Amazon

$87.4 billion: Revenue that beat estimates.  $3.3 billion: Net income that beat estimates. 798,000: Amazon’s global headcount after it added over 250,000 part and full-time employees over the holiday season. That's more than the population of Vermont.  150+ million: The number of Prime subscribers, up from 100 million in April 2018.   Four: After Amazon’s 11% stock surge in after-hours trading, it will eclipse $1 trillion in market cap today. There will be four public U.S. companies worth at least $1 trillion (the others are Apple, Alphabet, and Microsoft).  $93 billion: The market cap of UPS at the close yesterday. We only mention it because Amazon’s market cap rose more than $110 billion after it reported earnings. So it gained a UPS plus lots of Morning Brews.  Bottom line: Amazon’s heavy investments in shipping paid off during the holidays.