Retail and digital content giant Amazon has just posted its Q1 2014 earnings, showing strong growth in sales, a sizable dip in operating income but a rise in net income year-over-year. Sales rose 23 percent from last year to $ 19.74 billion in the quarter, leading to operating cash flow increases of 26 percent to $ 5.35 billion. In the end that led to a drop in operating income for the quarter by 19 percent to just $ 146 million. Net income was just $ 108 million, but that’s an increase over $ 82 million in Q1 2013.




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