Amazon has today announced its financial results for the fourth quarter of 2014, revealing a net income of $241 million, and $29.33 billion in sales.

Those results are extremely small for Amazon, however Amazon has stated that is was enough to please investors, who expected a much smaller number. This means that it is the first time for a number of years that Amazon have done better than the predictions from Wall Street.

Shares in Amazon shown this in after hours trading, which are up around 8 percent.

Amazon also revealed that its Prime service has done well too, with the CEO Jeff Bezos stating the following in the report:

“On a base of tens of millions, worldwide paid membership grew 53 percent last year — 50 percent in the US and even a bit faster outside the US.”

He then continued to explain the company’s investment:

“Prime is a one-of-a-kind, all-you-can-eat, physical-digital hybrid — in 2014 alone we paid billions of dollars for Prime shipping and invested $1.3 billion in Prime Instant Video.”

This means that Prime had around 10 million users at the start of 2014, adding around 5.3 million over the year.

This article may include links to affilates, and if you click on one of these affilate links, we may recieve commission.