Amazon's first quarter earnings showed that sales were a huge $51 billion up nearly 43 percent year over year. The net profit was $1.6 billion.
|Amazon the US-based electronic , commerce, and cloud computing company based in Seattle Washington was founded by Jeff Bezos in July of 1994. He is still Chief Executive Officer of the firm. Amazon is the largest Internet retailer in the world as measured by revenue and market capitalization and is second only to Alibaba Group in terms of its total sales.|