- Amazon’s most recent quarterly income was $ 8 billion more than Walmart
- The solid performance of the holiday season 2024 increases Amazon figures
- Walmart continues to fight with the high costs of physical stores
It is perhaps the fourth most precious company in the world, with a market capitalization of 2.36 billions of dollars, but Amazon has never been able to reach the quarterly income levels of Walmart – so far.
In the three months ending on December 31, 2024, Amazon reported an increase of 10% on the other of income to 187.8 billion dollars, which placing it in front of Walmart (180.6 billion dollars) for the first time.
This despite the electronic commercial platform being about three times larger than Walmart, which has an assessment of $ 780.92 billion.
Amazon vs walmart
Despite the historic moment, the 2025 projections suggest that the two companies could fight for the coming months. The projection of the complete exercise of Walmart amounts to $ 708.7 billion, just a little leap before the prediction of $ 700.8 for Amazon.
Speaking on its results, Amazon CEO Andy Jassy thanked the most successful holiday season to date for strong growth. Cloud developments within AWS also supported the company’s revenues, representing $ 28.8 billion, or about 15% of all income.
The CEO of Walmart, Doug McMillon, said that “low prices, an increasing assortment and an e -commerce company motivated by faster delivery times” were all responsible for solid results.
However, while Walmart may have extended to third -party markets, realization and advertising services, his main company remains focused on person purchases and the maintenance of physical stores costs costly due to increasing wages and other expenses.
To put the income of the two companies in perspective and highlight what is at stake, Apple, the most precious company in the world and one of the three with a market capitalization of 3 billions of dollars +, recorded a figure quarterly affairs of $ 124.3 billion. Nvidia, the second most precious company, posted $ 35.1 billion and Microsoft, in position three, posted $ 69.6 billion.
