Wednesday, September 28, 2011

Amazon estimated to lose $50 per Kindle Fire sold

Amazon estimated to lose $50 per Kindle Fire sold - A note by Gene Munster of Piper Jaffray, says Amazon's Kindle Fire is "not a true competitor, but more competitive than expected," while noting the Internet retailer "is likely losing about $50" on each unit it sells.

(Via AppleInsider.)

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