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Amazon profit up 62%, lowers price of Kindle
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#1
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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.
Read the whole story
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"Dependence begets subservience and venality, suffocates the germ of virtue, and prepares fit tools for the designs of ambition." -Thomas Jefferson
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#2
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The "nook" looks fantastic. It makes the Kindle and the Sony e-book readers look overpriced for what they do, in comparison.
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#3
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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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Fallout 3 (PS3) $18 @ Amazon *Price Drop*