Thread: Amazon: Paying a Price for Going Cheap
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Old 07-30-2010, 11:36 AM   #6
AnemicOak
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Quote:
Originally Posted by L.J. Sellers View Post
This WSJ article implies that investors will be unhappy with Amazon for taking a loss on the new $139 Kindle. I guess they want to see a better bottom line right now instead of Amazon's long-term goal of building book sales.
Who says they're losing money on it? Probably not making much, but I'd guess they're making a minimal (maybe $20) profit on them.
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