Amazon set to pass Walmart in revenue for first time
1. Amazon is expected to report $187 billion revenue this quarter. 2. Amazon's annual revenue for 2024 may surpass $638 billion. 3. AWS revenue has doubled since 2020, now 17% of total sales. 4. Amazon's North America sales have surged over 100% since 2019. 5. Amazon is closing in on Walmart's revenue lead.