Amazon.com smashed Wall Street forecasts on Thursday night after posting a 21 per cent increase in the net sales in the final three months of last year following strong Christmas sales as well as the transition of Prime from two days to one day.

Axar.az reports citing Inews that Sales for the quarter hit $87.4bn (£66.75bn), above analysts’ predictions of $85.96bn, while profit hit $3.3bn, or $6.47 a share, some way above forecasts of $4.03. At the same point last year profit came in at $3bn.

Amazon shares leaped more than 12 percent following the positive numbers, sending the value of the company back over the $1trn mark.