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Amazon's Profit And Revenue Surge Sweeps Away Doubts


Ron Burgundy
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Amazon boxes are seen stacked for delivery in the Manhattan borough of New York CityAmazon.com Inc's shares jumped in early trading on Friday, a day after the company reported profit and revenue that swept away analysts' estimates along with doubts about the online retailer's investment spree. "While it's tempting to try to pull out each component of AMZN’s strong 1Q (and generally recent) performance, we think it's the combination of many factors - the 'AMZN Flywheel', Prime, a growing distribution footprint, getting closer to customers, 3P (third party), AWS … the list goes on." The "Amazon Flywheel" refers to founder Jeff Bezos' strategy of offering the biggest selection of goods at the lowest prices and providing the best customer experience to create a "positive feedback loop".




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