Get Used to Amazon Being Profitable

You may need to change the way you think about Amazon. It’s no longer just an e-commerce giant. It’s the world’s largest retailer. Period. And at the same time, it runs the world’s most successful cloud computing business. Last week, Amazon posted its third quarter earnings report, and for the second quarter in a row, the Seattle company—known for shunning profits in favor of growth—is profitable. Both its Amazon Web […]