Kindle Sales Triples as Profit Drops by 58%
Amazon has posted the results outlining the costs of pushing the Kindle Fire. Amazon’s device sold almost 177 percent over the past year. However, its net profit dropped 58 percent to $177 million. The profit slash came despite its 35 percent sales hike to just over $17.4 billion. Kindle Fire has been Amazon’s bestseller since [...]
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February 1, 2012 



