Amazon's Sales Satisfy the Street

Amazon's Peter Larsen introducing Amazon Fire TV in New York earlier in April Photograph by Jin Lee/Bloomberg

Mighty Amazon is once again branching out in every direction. There’s the new Fire TV set-top box, a hotly rumored coming smartphone, the gradual rollout of its grocery business, Amazon Fresh, and such new services as Amazon Pantry, which lets customers buy boxes of everyday items like food and drinks at discounted shipping rates. Overseas, the company is pushing deeper into countries such as Spain, Italy, India, and China.

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