"Our 2017 projections for Alexa were very optimistic, and we far exceeded them", said Bezos.
On a full-year basis, the Seattle-based retailer said net sales surged 31 per cent to $177.9 billion (£125 billion), compared with $136 billion in 2016. Net income rose to $1.86 billion, or $3.75 a share, from $749 million, or $1.54 a share, in the same period a year ago.
AWS, which competes with Microsoft Corp's Azure and Alphabet's Google Cloud platform, reported a 45% rise in revenue to $5.1 billion in the quarter, giving the business an annual run rate of over $20 billion. The company forecasts an operating income to be between $300 million and $1 billion compared to $1 billion in the first quarter of 2017. Amazon noted that the fourth quarter earnings includes a tax benefit of roughly $789 million due to the change in USA tax code. "We don't see positive surprises of this magnitude very often-expect us to double down", said Jeff Bezos, Founder and CEO, in the financial report. More than half of the units sold on the company's website come from these merchants. Wall Street was expecting earnings per share (EPS) of $1.85, so Amazon absolutely crushed it. Despite the huge growth in revenue, Amazon's operating profit dropped 2 percent to $4.1 billion. But even without the benefit, the profit number would have been the largest in the company's history.
According to an SEC filing, Bezos owns about 78.9 million shares of Amazon, which jumped about $85 a share higher in early trading on Friday. Alphabet's Larry Page and Sergey Brin lost as much as $3 billion apiece as fourth-quarter earnings missed views.
Amazon has been in heavy investment mode in recent quarters, pouring money into warehouse and data center expansion, while adding more video content for its Prime Video offering. AWS continues to be the fastest and most profitable business for Amazon.
Amazon shipped more than five billion packages globally in 2017, as it had more paid users join compared to the previous year.
Operating income skyrocketed 69% year over year to $2.13 billion in the quarter.
"We've reached an important point where other companies and developers are accelerating adoption of Alexa", Bezos said.
Amazon's headcount also swelled past year. Visit MarketWatch.com for more information on this news. Amazon's voice-activated Alexa platform will also get more funding, with Bezos pledging to "double down" on finding new uses for the technology that supports the popular Echo home speakers.
In a call with investigators, Amazon's CFO Brian Olsavsky credited record arrange volume and enhanced distribution center proficiency amid the bustling Christmas shopping season for the fruitful quarter.
Amazon's income, which incorporates deals from Whole Foods, hopped 38 percent year-over-year.
Osborne was motivated by a hatred of Muslims and been radicalized by far-right and Islamophobic propaganda that he found online. The note and comments displayed Osborne's resentment towards senior politicians, public figures and Muslims in general.
According to Pence, this was a key difference between the Republican-controlled Congress and its Democratic predecessors. Rainelle Mayor Andrea Pendleton was invited by Senator Capito to attend Wednesday's speech.
That announcement came after Fisher spent the morning skating in full Predators gear on Wednesday morning at Bridgestone Arena. The NHL announced on Wednesday (Jan. 31) that Fisher has left retirement behind and is coming back to the Preds to play again.
France coach Jacques Brunel names his side Thursday for its Six Nations opener at home to Ireland on February 3. France hooker Christopher Tolofua will miss the Six Nations championship because of a neck injury.
He triumphed again two years later in Lillehammer and went on to coach the South Korean team at the Vancouver 2010 Olympics. In January it resumed talks with South Korea, a move that the North's state media hailed as a path to reunification .
Even though 1 in 4 of us are affected by a mental health problem every year, we know many people don't get the support they need. Sarah believes hitting rock bottom that day was "a good thing", because she had been crying out for help and not getting it.
Economists polled by Reuters had forecast NFPs rising by 180,000 jobs last month and the unemployment rate unchanged at 4.1%. The black unemployment rate is typically about twice the white unemployment rate, but is now substantially higher.
A revolutionary cancer vaccine which triggers the whole body to attack tumours from one injection is to go into human trials. What's more, they said this approach worked for lymphoma, breast cancer , colon cancer and the deadly skin cancer melanoma.
Timberlake's press conference also covered his plans for his forthcoming halftime performance, which will be his third. Timberlake said they're planning to do things Sunday that they've "never quite done before" in a halftime show.
Apparently, their struggles were enough to get the Ravens to consider ending the Harbaugh era in Baltimore. Though, Harbaugh's Ravens did finish with a 9-7 record, which was their best of their past three seasons.
Police have so far arrested three persons in the Chandan Gupta murder case. "In Kasganj , there was no communal clash", he said. Uttar Pradesh Chief Minister Yogi Adityanath has announced an ex gratia of Rs 20 lakh to the family of Chandan Gupta.
Confident Thunder look to bounce back at Denver
They have won 10 of the past 12 meetings with the Nuggets, according to the OddsShark NBA Database , so they should bounce back. As for the game itself, here is the buzzer-beater from Harris, which came with a generous 5-second count on the inbounds pass.
Car Slams Into Pedestrians in Shanghai
A relative of one patient, who declined to be identified, said at least five or six crash patients were being treated there. The incident occurred at People's Park in Shanghai around 9.00 am when residents were on their way to work.
Princess Eugenie, Jack Brooksbank to marry in October
The princess and Brooksbank have been together for seven years, ever since meeting when Eugenie was at Newcastle University. St George's Chapel at Windsor Castle is the same venue where Prince Harry will tie the knot with Meghan Markle in May.
Who's Responsible For the Accidental School Shooting
Police haven't said from where the girl got the semi-automatic handgun or why she brought it to the downtown campus. Three other people, ranging in age from 11 to 30, were treated for minor cuts and scrapes after the shooting.
Five people shot in clashes between migrants in Calais
Fights usually break out over the routes that migrants use to get into the United Kingdom , where they will claim asylum. The French interior minister has announced a visit to the port city to "take stock of the situation".