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Title: Amazon income drops as Kindle Fire burns margins Post by: HCK on October 26, 2011, 07:00:47 am Amazon income drops as Kindle Fire burns margins
Online retailer Amazon announced on Tuesday lower than expected third quarter earnings and guided for potential losses in the fourth quarter, as its low-margin strategy with the Kindle Fire could pose a threat to future profits. http://feeds.appleinsider.com/click.phdo?i=270bd0fd8b355aec7eefa0cdb5c24d96 |