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04/07/2010 05:12 am ET Updated May 25, 2011

Amazon's Future: Earnings Are Up, But Will The Kindle Be Left Behind?

Amazon executives have to be smiling.

The online retailing giant, unscathed by the recession, is on a tear, posting robust earnings growth while many other retailers are licking their wounds. Analysts believe the company's profitable run isn't over yet, and say that concerns over competition in its trendy e-reader business are overblown.

It's been an "Internet gold rush," in which online retailers that offered merchandise cheaper, faster and more efficiently were the big winners, and Amazon led the way, says Marc Ostrofsky, an Internet consultant and author of "Get Rich Click."

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