Saturday, October 29, 2011

Amazon sees profits plummet 73% as company eyes iPad?s market share

Amazon's profits plunged 73% to $63m in Q3, as it invested to take on the iPad with its e-readers and Kindle Fire tablet computer. Sales grew 44% to $10.88bn, boosted by pre-orders for the Amazon Kindle Fire.iphone apple mac ipad computer

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