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Title: Amazon estimated to lose $50 per Kindle Fire sold Post by: HCK on September 28, 2011, 11:00:45 pm Amazon estimated to lose $50 per Kindle Fire sold
A note by Gene Munster of Piper Jaffray, says Amazon's Kindle Fire is "not a true competitor, but more competitive than expected," while noting the Internet retailer "is likely losing about $50" on each unit it sells. http://feeds.appleinsider.com/click.phdo?i=13092bb6b81ce08b5be5e41d6bd50e72 |