Introduction
In the last five years, Amazon (AMZN) has delivered a 25.6% CAGR in revenue, an unbelievable run. But, at a size like this, it is difficult to keep up the pace of growth. The economy, in general, has shown strong fundamentals and has been posting a great rally for past 8-9 years. People are worried whether an inflection point is near. However, Amazon has demonstrated continued excellence in several fields, and sentiment remains strong. Besides online store revenue, both AWS and subscription businesses have been delivering solid performance, while physical stores also