We’re running out of superlatives for Amazon

Amazon’s first quarter profit doubled from what it reported a year ago to $1.6 billion. Which is shocking in and of itself. But the real surprise is the fact that analysts were actually expecting it to shrink year over year! Amazon’s sales in the quarter grew at an explosive 43% clip to $51 billion, also incredible considering the size of this company. Cloud computing and web services revenues leapt by 50% to ...

source http://thereformedbroker.com/2018/04/27/were-running-out-of-superlatives-for-amazon/