Amazon issued earnings of 45 cents a share, soaring past expectations of 17 cents, but revenue of $29.33 billion trailed.Amazon is up almost $30 (8%) after-hours. I think Jim Cramer said Amazon was ridiculously expensive back in November.
Analysts had expected Amazon.com to report earnings of 17 cents a share on $29.67 billion in revenue, according to a consensus estimate from Thomson Reuters.
The company projected first-quarter sales of between $20.90 billion and $22.90 billion, compared to StreetAccount estimates of $23.00 billion.
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Visa will split 4 - 1.
Google (GOOGL): forecas $7.11; miss; shares fall; $6.88 per share. Google whining: losses due to currency fluctuations. My hunch AAPL also has currency issues with which to deal.
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