The results mark another quarter in a long series of earnings beats in Amazon's history. The company has made the transition from an intermittently profitable business to one of the most impressive large-cap earnings growth stocks out there. Its journey has been helped by growth in its Amazon Web Services (AWS) cloud division, Prime subscribers and sales of smart speaker Alexa-enabled devices — all on top of its most well-known business of selling almost anything you could imagine and delivering goods to customers' doorsteps increasingly quicker. Although the pandemic has helped Amazon boost its sales, the current environment has created such high demand that the company has experienced an increase in shipping delays and out-of-stock items, giving competitors room to edge in. That said, too much demand could be one of those good problems to have, and many investors have continued to buy the stock, sending shares to record highs this year.