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This newscaster was completely serious with his insane explanation of why Amazon stock skyrocketed

Published Jul 27th, 2015 12:25PM EDT
Amazon Walmart

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Last week, shares of Amazon shot up 100 points following news that the online retailer had actually (gasp!) generated a profit during its second fiscal quarter. As a result, Amazon’s market cap, for the first time in history, surpassed that of Walmart’s.

While it remains to be seen how long Amazon’s shares remain at all-time high levels, one newscaster from KTVN Channel 2 in Las Vegas presented a wild theory, on-air no less, attempting to explain how Amazon managed to leapfrog Walmart in terms of overall value.

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As it turns out, sales of sex toys on Amazon are apparently booming. And this particular newscaster, of all people should know. After all, he has a “friend” who works in an Amazon warehouse.

This clip is an internet classic and you need to watch it immediately.

Yoni Heisler Contributing Writer

Yoni Heisler has been writing about Apple and the tech industry at large with over 15 years of experience. A life long expert Mac user and Apple expert, his writing has appeared in Edible Apple, Network World, MacLife, Macworld UK, and TUAW.

When not analyzing the latest happenings with Apple, Yoni enjoys catching Improv shows in Chicago, playing soccer, and cultivating new TV show addictions.