Amazon Keeps Climbing On Strong Q1; How High Is Up? (AMZN) is absolutely on fire. The company posted Q1 results that blew away estimates, with EPS of 41 cents a dime ahead of the Street, as both gross margins and operating margin expanded in the face of the worst economic downturn since the Great Depression. Not only are consumers continuing to migrate shopping to online from offline, but Amazon continues to gobble up share: Morgan Stanley’s Mary Meeker notes that Amazon’s U.S. business has grown at least 18 percentage points faster than overall e-commerce for eight consecutive quarters. Throw in better-than-expected demand for the Kindle–annoyingly, the company won’t give any specific data on sales of the device–and you have a recipe for an investor lovefest.

And when I say the stock is on fire, I don’t just mean today. AMZN is up about 67 percent year to date, and a whopping 145 percent since the stock’s November low.

Read the rest of this post on the original site

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »