Amazon Raises The Bar Again

Amazon reported
first-quarter last week.  Amazon reported
earnings of $7.09 per share which was over 100% higher year over year. Net
sales were $59.70 billion which reflected year-over-year growth of 17%.

Breaking down the revenue, North America revenues (60% of sales) increased 16.6% from the year-ago quarter to $35.81 billion. International revenues (27% of sales) increased 9% year over year to $16.19 billion. Amazon Web Services (AWS) revenues (13% of sales) surged 41.4% year over year to $7.69 billion.

On the news price broke the daily supply at $1910.

During the subsequent conference call, Amazon dropped a bombshell that could have far-reaching implications, not only for

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