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Amazon profit up 62%, lowers price of Kindle

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  #1  
Old 10-22-2009
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TechSpot Editor, Community Manager
 
Location: Pennsylvania
Member since: Feb 2008, 4,974 posts
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Amazon profit up 62%, lowers price of Kindle

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.

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  #2  
Old 11-04-2009
TechSpot Member
 
Member since: Nov 2009, 86 posts
The "nook" looks fantastic. It makes the Kindle and the Sony e-book readers look overpriced for what they do, in comparison.
  #3  
Old 11-05-2009
Ex-TechSpotter
 
Member since: Dec 2007, 18,354 posts
That's a profit of just over half a million a day
This is what I'd be doing if I owned Amazon: all the way to the bank (actually I'd having fun mostly)
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