Source: Andrew Martonik / Android Central

Amazon has just announced its Q1 2021 financial earnings, reporting a substantial gain in earnings. That includes a 44% year-over-year increase in sales, which helped Amazon accrue more than $108 billion in revenue. The growth is undoubtedly a result of the ongoing COVID-19 pandemic, which led to more online shopping in many countries that faced lockdowns. It also shows its continued strength as it prepares for the upcoming transition to its new CEO-elect.

Amazon CFO Brian Osofsky discussed how the company expects this strong momentum to continue in Q2, despite the pandemic seemingly winding down and more countries starting to open up. One major reason for this is Amazon Prime Day, which was pushed to October 2020 due to the pandemic. The two-day sales event has been rumored to take place this June, which Osofsky hinted to in the earnings…

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