Amazon.com Q1 profits grew 24% to $177m on the back of strong sales of books, DVDs and electronic items. This beat market expectations, as did revenues, up 18% to $4.89bn. The US-based online sales giant expects Q2 revenues of between $4.3bn and $4.75bn. CEO Jeff Bezos said sales of the company's Kindle electronic reader "exceeded our most optimistic expectations."
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