Dive Summary:

• Amazon.com Inc. has reported operating profit which has stumped initial speculation by analysts for the first quarter as sales rose 22% for the company.
•  The company cites improved operating profit due to investments in digital content and warehouses which attracted more shoppers.
• Amazon states they expect second quarter revenues to be $14.5 to $16.2 billion. Analysts expect a rise in sales of 24% for the company to $15.9 billion.

From the article:

Margins are holding up even as Chief Executive Officer Jeff Bezos continues to pour money into expansion. While new warehouses and digital content are costly, they’re also drawing in new customers and outside sellers who in turn generate extra income. That’s helping Amazon’s profitability, according to Daniel Kurnos, an analyst at New York-based Benchmark Co.