Amazon beats expectations with $857 million in profit spurred by Prime and AWS

Amazon (AMZN) today released its earnings statement for the second quarter of 2016. The results: $857 million in net income, or $1.78 per diluted share, on $30.40 billion in revenue. Analysts were expecting $1.11 per diluted share on $29.55 billion in revenue.
The company’s stock closed the day up 2.16 percent at $752.61, but has gone up more than 2 percent in after-hours trading. It attributed its performance to the success of its Prime offering, as well as Amazon Web Servi