Thread: Kobo Touch $129
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Old 05-29-2011, 08:40 PM   #188
Fbone
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Quote:
Originally Posted by Sao View Post
Sony just posted a three *billion* dollar loss and are being priced out of the market. I'd say they have a lot to worry about. (And yes, I realize those were due to other matters, but the cumulative effect is undeniable.)
To be fair Kobo recently posted a $10 million loss and needed a $50 million capital injection.

B&N reported decreased net income despite revenue and gross profit increases.

Financial success in the ereader market is proving to be elusive for many companies.
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