Amazon.com ( AMZN ) reported a 45 cent profit, blowing past the Zacks Consensus Estimate of 24 cents. Shares soared more than 12% in extended trading following the report. Amazon played smart right from the start, providing a weak
Amazon definitely made a few mistakes with the Fire Phone this summer. The company was forced to write down its inventory $170 million due to poor sales resulting in a surplus. But CEO Jeff Bezos is undeterred.
Amazon wants to control a little piece of your home. Last week, the company introduced Echo, a sort of personal assistant meant to function as a life organizer. Amazon explained how the device will work on