Thread: Amazon readying 9-inch Kindle Fire for 2012, analyst predicts
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Old 02-14-2012, 09:13 AM   #37
ucfgrad93
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Join Date: Jun 2011
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Quote:
Originally Posted by murraypaul View Post
Amazon currently have a 40+% profit margin and $70+Bn cash pile.
They can outlast anyone in a price war.
That sounds like the amount of cash Apple has on hand, not Amazon.
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