How to Pocket $203,596 in 60 Seconds

by Greg Guenthner
Daily Reckoning

In one internet minute, Amazon posts sales of $203,596.

That sounds like an insane amount of money to conjure up in just 60 seconds. But get this: according to data from Excelacom, Amazon’s per-minute sales are up a whopping 70% since last year.

That’s incredible growth from a company so large that it recently jumped ahead of Warren Buffett’s Berkshire Hathaway to become one of the five largest companies in the world by market value.

But if you think the Amazon story stops there, you haven’t been paying attention…

No, Amazon wasn’t immune to the market turmoil we experienced earlier this year. The stock took a 30% hit to begin 2016.

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