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Could Amazon Hit Half a Trillion in Sales This Year?


Ever since Amazon (NASDAQ: AMZN) came on the scene, it has been on a rapid growth trajectory, expanding from a tiny bookseller when it started to the global retail giant it is today. 

Its hyper-efficient business model was capturing sales from brick-and-mortar retailers for nearly two decades. Then came the coronavirus pandemic. Fearing public places that could potentially expose them to COVID-19, consumers turned en masse to Amazon for their shopping needs. The result was a record year in 2020, as Amazon's sales eclipsed $386 billion.

That's causing analysts, including myself, to ask the question -- could Amazon's sales reach half a trillion dollars in 2021? 

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Source Fool.com

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