Amazon Q411 net income plummets 58%; says Kindle device sales nearly tripled during holiday quarter

31/01/2012
Search: 

Amazon (AMZN) today announced financial results for its fourth quarter ended December 31, 2011...

...
Original article by Mac Daily News
Categories: Without category
Tags: amazon, amzn, earnings, finance, kindle, kindle fire, kindle touch, news
Related Articles

Amazon shares drop as revenues disappoint

You've got to be like Apple - smash through the numbers people are afraid even to whisper...

Amazon wants 4 bites out of the Apple

Amazon seems poised to take some serious bites out of Apple’s iPad tablet dominance with the recent announcement of the Kindle Fire for $199 and new pricing on their entry-level Kindle for a meager $79. Additionally, they are serving up a new Kindle Touch and Kindle Touch 3G for $99 and $14...

Amazon Q4 2011 earnings beat Wall St. consensus; profits down 58%

Earlier today, Amazon released their earnings results from 2011 holiday quarter and, suffice it to say, they’re no Apple.Though overall revenue came in at $17.43 billion, up 35% from the same quarter a year-ago, the company’s actual profits declined by a whopping 58% to $177 million. ...

Amazon touts Kindle e-reader sales with few details

Amazon provided some rare numerical data about its Kindle and Kindle Fire sales...

Amazon makes Kindle Fire iPad competitor official, also offers cheap new Kindle Touch

Amazon has announced their iPad competitor and as rumor had it, it’s called the Kindle Fire. The biggest news is the price — only $199 for a 14.6 ounce, 7-in IPS 1024×600 169dpi display. It’s dual core, Wi-Fi only, and has only 8GB of storage (plus free Amazon cloud) but ag...

After The Kindle Fire, Amazon Will Challenge The iPhone With A 2012 Kindle Phone [Report]

With the Kindle Fire, Amazon has proved that it is possible to compete with the iPad, at least in the budget tablet market. Will they try to take the crown from the iPhone’s head next with a so-called Kindle Phone? Yup, maybe! According to AllThingsD, reporting Citigroup: Based on our sup...

Kindle Fire To Singe iPad Market Share Lead [Analyst]

Photo by Gadgetmac - http://flic.kr/p/aGaiSV New tablets from booksellers Amazon and Barnes & Noble are chipping away at the iPad’s commanding lead of the market. The Kindle Fire is expected to be the strongest challenger, dropping Apple’s market share below 60 percent in the four...

Amazon Selling 1M Kindles A Week - But iPad Sales Still Lead

Photo by Gadgetmac - http://flic.kr/p/aGaiSV Amazon, known for its shyness about sales figures, made a bit of a splash today, announcing it had sold 1 million Kindles per week for the past three weeks. Sure, that isn’t much to go on, but it prompted some to wonder whether the No. 2 tablet m...

Kindle Fire demand hits iPad wannabes not Apple's iPad

It's Apple's rivals who really need to worry about Amazon;s Kindle Fire...

Amazon's Kindle Fire All Set to be 2nd Only to the iPad

The iPad may have had it all its own way since its initial inception last year, but if a new survey is to be believed, then it may finally have some real competition in the form of Amazon’s Kindle Fire.New data from ChangeWave Researchpoints to Amazon’s first entry into the tablet mar...