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  • elmojitogatico elmojitogatico Nov 27, 2012 10:55 AM Flag

    Amazon Kindle Sales

    AMZN GOOG AAPL their battle for supremacy reminds me so much of the chip wars. Cut throat completion with mass discounting. Great sales but margins suffered as each chip maker tried to out sell the other. …”Building its own Kindle devices in competition with Apple Inc. (AAPL) and Google Inc. (GOOG) has also eaten into Amazon's margins.
    The company last month said it posted its first quarterly loss in nearly a decade, as the Internet Retail Company continues pouring money into an ongoing expansion that has eaten away at profit margins.”

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