Amazon Overtook Walmart in Quarterly Revenue in Q4

Amazon overtook Walmart in quarterly revenue in the fourth quarter.Walmart said Thursday (Feb. 20) that it earned $180.5 billion during the quarter, while Amazon said Feb. 6 that it brought in$187.8 billion in the same period, CNBC reported Thursday.These results marked the first quarter since 2012 that Walmart has not been the top revenue generator, according to the report. In 2012, it overtook oil company Exxon Mobil.Walmart still leads in annual sales, the report said.Walmart’s fourth-quarter earnings w ...