Amazon is set to post profits during its second quarter despite warning investors in April that $4 billion in earnings would be wiped out by the pandemic.
Ahead of the release of its quarterly figures on Thursday, analysts have predicted that the retail giant is likely to still eek out a profit during the period thanks to an influx of new Amazon Prime customers.
In late April, Amazon said that the coronavirus pandemic will cost it a whopping $4 billion (£3.19 billion) over the next three months, all but wiping out its projected profits.
