Amazon profit up 62%, lowers price of Kindle

By Matthew
Oct 22, 2009
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  1. Amazon posted solid third-quarter earnings today, announcing a 62% rise in profit to $199 million, or $.45 per share -- crushing analyst forecasts of $.30 per share. Revenue rose 28% to $5.45 billion, which also far exceeded analyst expectations of $5.03 billion.

    Read the whole story
  2. Vicenarian

    Vicenarian TechSpot Enthusiast Posts: 100   +9

    The "nook" looks fantastic. It makes the Kindle and the Sony e-book readers look overpriced for what they do, in comparison.
  3. kimsland

    kimsland Ex-TechSpotter Posts: 18,353

    That's a profit of just over half a million a day :rolleyes:
    This is what I'd be doing if I owned Amazon: :D :D :D all the way to the bank (actually I'd having fun mostly)
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