Archives: amazon kindle

Amazon has attracted a fair deal of criticism regarding the price of its Kindle reader and has now stated that the price of the Kindle 2 reader will drop from $ 359 to $ 299. The Kindle 2 was launched in February 2009. The Kindle DX, launched in June 2009, is unaffected and its price [...]

Last week Amazon reported excellent third quarter figures. Net income stood at $ 199 million – an increase of 70% when compared to the same period for last year. Both revenues and profits exceeded analyst’s predictions and a very strong fourth quarter is now on the cards. Share price increased by 27% amid strong expectation [...]