Amazon looked pretty strong on sales although gross margins and operating expense were somewhat lower than expected.

These were pretty decent numbers overall. There was some concern over the sales numbers, but revenue also was strong for the quarter. There doesn't appear to be any letdowns here.

These are strong results for Amazon. That's for sure. After some mild disappointments in the past that wasn't the case this time around.

We're encouraged by the company's results, particularly after reporting somewhat disappointing November sales.

Amazon has been consistently beating sales and earnings estimates and the stock should respond to overall macroeconomic trends.

The company is being ultra-competitive on prices and that's propelling sales.