From Publishers Weekly...
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Judging by Amazon’s third quarter results, the e-tailer can carry on its price war with Wal Mart and others for a long time. Total sales for the company rose 28%, to $5.45 billion, in the quarter ended September 30, (and increased 29% excluding exchange rates). Operating income jumped 62% (69% excluding exchange rates), to $251 million. The results appear to have been driven by the Kindle. Although no sales figures were released, Amazon chairman Jeff Bezos said in a statement that the e-reader “has become the #1 bestselling item by both unit sales and dollars – not just in our electronics store but across all product categories on Amazon.com. It’s also the most wished for and the most gifted.”....
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Full article...
http://www.publishersweekly.com/article/CA6703587.html