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Amazon profit sinks on Kindle tablet investment
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The following comments relate to this news article:

Amazon profit sinks on Kindle tablet investment

article published on 26 October, 2011

Third quarter net income reported at $63 million. Amazon's profits have dropped 73 percent after the company invested heavily in the Kindle Fire tablet computer, according to the online retailer. As a result, Amazon's shared dropped 12 percent in after hours trading with questions about the web giant's business in the air. Still, Amazon said that sales had grown by 44 percent. On September ... [ read the full article ]

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harhumph
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_ 		26. October 2011 @ 11:51 _ Link to this message    Send private message to this user   
If Amazon had released the rumored quad core 10" 3.2 honeycomb tablet at a $300.00 price point then maybe they would not be in a shitty situation going forward. The tablet they released is crap and my Acer Iconia is by far better. Lucky for amazon they corner online sales so they will survive but taking a risk like this with that tablet was stupid.
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