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LequteMan
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World largest e-commerce site, Amazon has reported a profit surge of $513m (£351m) in Q1 2016, buoyed by a 28% jump in sales.
Amazon's sales hit $29.1bn during the period, aided by an increase in sales of its Kindle reading devices and Fire tablet computers.
Both sales and profits were higher than expectations, making the firm's shares to jump after hours trading.
The company also reported strong growth in customers for its Prime service, which includes free delivery and TV shows.
The results were a positive sign for investors who had been rattled by disappointing earnings from Apple and Microsoft.
BBC
Amazon's sales hit $29.1bn during the period, aided by an increase in sales of its Kindle reading devices and Fire tablet computers.
Both sales and profits were higher than expectations, making the firm's shares to jump after hours trading.
The company also reported strong growth in customers for its Prime service, which includes free delivery and TV shows.
The results were a positive sign for investors who had been rattled by disappointing earnings from Apple and Microsoft.
BBC
