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Tuesday, May 1, 2012 - 8:36am
Will Amazon Counter the Microsoft/Barnes & Noble Deal?
Amazon is facing a new threat now that its chief competitor has teamed up with Microsoft. What does this mean for the Kindle maker, and how will it respond? "I don't think Amazon has to do anything," Herman Leung, an analyst with Susquehanna International Group, told Benzinga. "They have been...
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Monday, April 23, 2012 - 9:42am
Apple Pays Canadians to Read
Canadians who bought an e-book from Apple could be rewarded for their purchase. Well, not exactly. But if the lawyers behind a new class action suit are successful, the Mac maker could be required to pay Canadian consumers who purchased a digital book from Apple (NASDAQ: AAPL) within the last 24...
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Tuesday, February 14, 2012 - 12:11pm
Amazon Creates American Jobs Selling Chinese Goods
Ironic, eh? On a day when love is in the air, Amazon (NASDAQ: AMZN) is showing American job-seekers a little affection by announcing a new one-million-square-foot fulfillment center in Middleton, Delaware. According to TechCrunch, the center will create approximately 850 full-time jobs and cost $...
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Morgan Stanley Comments on Amazon Kindle
Friday, December 9, 2011 - 2:00pmMorgan Stanley provided color on Amazon.com (NASDAQ: AMZN) and the company's Kindle products in a research report published today. Morgan Stanley has an Overweight rating on Amazon.com. In the report, Morgan Stanley states, " The Amazon Kindle eReader franchise seems to be living by the mantra, '...
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Thursday, November 3, 2011 - 10:55am
Will Amazon's Lending Library Help or Hurt Novelists and Book Publishers?
Early this morning, Amazon (NASDAQ: AMZN) announced its first venture in the world of e-book rentals: the Kindle Owners' Lending Library. Designed exclusively for Amazon Prime subscribers who own a Kindle (sorry, iPad users – the Kindle App alone will not suffice), the Kindle Owners' Lending...
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Friday, October 28, 2011 - 2:17pm
Is Amazon Giving You Another 1.2 Billion Reasons to Own It?
News broke this morning that Amazon (NASDAQ: AMZN) might be bringing its popular Kindle Fire to China, the world's largest country. When Amazon reported earnings earlier this week, investors punished shares, sending them down sharply. As gross margins fell, earnings fell short of expectations, and...
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Thursday, October 6, 2011 - 12:30pm
Amazon Allows Consumers to Remove Ads from Their "Special Offers" Kindle
Just pay the difference and you're good to go. The Digital Reader and TechCrunch have discovered an interesting tidbit today: Amazon (NASDAQ: AMZN) now allows consumers who buy the latest Kindle devices with “Special Offers” to later remove those offers by paying $30. The process sounds rather...
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Barnes and Noble Stock Dips Following Kindle Fire Announcement
Wednesday, September 28, 2011 - 6:13pmEarlier today, among other things, Amazon announced its first Android-based tablet, dubbed the Kindle Fire. The Kindle Fire is expected to be a direct competitor to Barnes and Noble's NOOK, which is also an e-reader with more functions. However, the Kindle Fire does have slightly better specs and...
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Wednesday, September 28, 2011 - 2:09pm
Kindle Fire May Retail for $199, but Amazon is Paying $249 Per Unit
Will the Kindle Fire be the first tablet since the HP TouchPad to take a loss on every unit sold? Piper Jaffray analyst Gene Munster seems to think so, telling AllThingsD that Amazon is “likely losing about $50 per Kindle Fire.” He says this without providing any data to support this assumption....
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Amazon Drops Kindle Price to $79, Introduces Kindle Touch
Wednesday, September 28, 2011 - 1:03pmAlongside the announcement of the Kindle Fire today, Amazon also revealed that it is introducing a next-generation classic Kindle e-reader, which will cost $79. The new Kindle is 30% lighter than the previous generation, weighing in at 5.98 ounces and is also 18% smaller. The new Kindle also turns...
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