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| Amazon 2017 sales up by nearly a third | Amazon 2017 sales up by nearly a third |
| (35 minutes later) | |
| Online retail giant Amazon saw sales jump by nearly a third last year, and said its Alexa digital assistant had "far exceeded" expectations. | Online retail giant Amazon saw sales jump by nearly a third last year, and said its Alexa digital assistant had "far exceeded" expectations. |
| Full year revenue came in at $177.9bn (£124.6bn), a rise of 31%. | Full year revenue came in at $177.9bn (£124.6bn), a rise of 31%. |
| Net income - or profit - was $3bn, compared with $2.4bn in 2016. | Net income - or profit - was $3bn, compared with $2.4bn in 2016. |
| The company's performance in the final three months of the year was driven by a surge in online shopping during the holiday season and strong demand for its cloud services. | |
| Fourth quarter sales rose by 38% to $60.5bn (£42.4bn). | Fourth quarter sales rose by 38% to $60.5bn (£42.4bn). |
| Fourth quarter net income was $1.9bn against $749m in the last three months of 2016. | Fourth quarter net income was $1.9bn against $749m in the last three months of 2016. |
| The fourth quarter results include a tax benefit of about $789m related to the new US tax law. | The fourth quarter results include a tax benefit of about $789m related to the new US tax law. |
| The company's boss Jeff Bezos said projections for its Alexa assistant had been very optimistic and the company had "far exceeded them". | The company's boss Jeff Bezos said projections for its Alexa assistant had been very optimistic and the company had "far exceeded them". |
| "We don't see positive surprises of this magnitude very often - expect us to double down." | "We don't see positive surprises of this magnitude very often - expect us to double down." |