Amazon shares rise on strong earnings

Amazon reported strong quarterly growth Thursday after making several big announcements over the past few months, including the release of its own media streaming device.
The growth wasn't a surprise, but shares edged higher after hours on the news

The company earned $108 million, or 23 cents per share, meeting the expectations of analysts polled by Thomson Reuters. That's compared to a profit of $82 million during the same quarter last year.
"We get our energy from inventing on behalf of customers, and 2014 is off to a kinetic start," said CEO Jeff Bezos in a prepared statement.
Related: HBO shows coming to Amazon (AMZN, Fortune 500) unveiled the Fire TV, its own media streaming device, earlier this month. At the cost of $99, it's a small black box that enables television sets to access Internet programming, including streaming shows from its Amazon Prime subscription service, and a giant library of video games.