Technology giant Amazon has reported $US96.1 billion ($A137.0 billion) dollars in net sales as the pandemic-related surge in online shopping continues to boost the company.
Amazon’s 2020 third quarter sales jumped 37 per cent compared to the same period in 2019 and the company nabbed a record $US6.3 billion profit for the quarter.
The result is nearly three times greater than Amazon’s profits in the same quarter last year.
The report blew past analysts’ expectations, with the earnings per share coming in at $12.37 versus an expected earnings of $7.41 per share.
Amazon has seen rapid sales growth during the coronavirus pandemic as stores closed to in-person shopping and customers sought online alternatives for fear of catching coronavirus in a physical setting.
Amazon chief executive Jeff Bezos said on Thursday holiday season shopping was likely to break records.
The company has projected between $US112 billion and $US121 billion in sales in the fourth quarter.
“We’re seeing more customers than ever shopping early for their holiday gifts, which is just one of the signs this is going to be an unprecedented holiday season,” Bezos said.