5 reasons why Amazon had record profits in the second quarter even after spending over $4 billion on COVID-related initiatives (AMZN)

5:58pm PDT - July 30th, 2020    amzn - Business Insider

• Amazon doubled its profit to a record $5.2 billion in the second quarter.
• Amazon CFO Brian Olsavsky shared a few reasons that may have contributed to the increased profits during his call with analysts on Thursday.
• Amazon saw huge l…