http://www.businessinsider.com/amazo...rnings-2011-10
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It's a slight miss on the top line and big miss on the bottom line.
The guidance is very weak, sending the stock tanking 18% in after-hours trading.
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The fact that the company is projecting a possible operating income loss all but confirms that its losing a lot of money on the Kindle Fire. In the earnings release Amazon says, "Based on what we're seeing with Kindle Fire pre-orders, we're increasing capacity and building millions more than we'd already planned.”
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Sounds like Amazon is in the tablet business for the long haul-Bezos has never been afraid to take losses upfront for his future vision.