Post Tagged with: "Amazon"

Amazon profit forecast disappoints, stock slumps

Amazon profit forecast disappoints, stock slumps

Amazon.com Inc shocked investors with a far weaker-than-expected outlook for the crucial holiday season quarter as it spent heavily on its new Kindle Fire tablet computer. The stock tumbled 12 percent Tuesday in extended trading as the news raised concern that Amazon was losing some of the revenue momentum that had helped investors overlook its [...]

Amazon unveils $199 Kindle Fire tablet and $79 e-ink Kindle

Amazon unveils $199 Kindle Fire tablet and $79 e-ink Kindle

It appears that Amazon is trying to steal the show from Apple’s iPhone 5 by revealing the all new $199 Kindle Fire Tablet. We know that that is like comparing apples to oranges but still any news is good news in this day and age. Smaller and cheaper than Apple’s dominant iPad, the Kindle Fire [...]