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Amazon profits down in Q4 2011 despite Kindle success

Amazon profits down in Q4 2011 despite Kindle success

Posted on Feb 01, 2012 by MG1

Amazon has just announced its financial results for the fourth quarter of 2011 and despite sales of Kindles nearly tripling over the Holidays, the company’s profits were down and profit margins were very tiny. Amazon’s net income stood at $177 million, down 58% year-over-year. Just as before, though, the company gave no hard numbers about Kindle sales, so that relative growth gives us little idea about actual sales.
With total sales growing by 35% to $17.4 billion that profit margin just looks very, very slim. Part of the reason is that Amazon is selling its Kindle Fire at about the price it manufactures it for, or at a slight loss. The outlook for the next quarter is not rosy either - the c...

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Amazon HTML5 Kindle format may already be in graphic novels

Amazon HTML5 Kindle format may already be in graphic novels

Posted on Dec 16, 2011 by MG1

Amazon may be beta testing its new Kindle e-book format with selected publishers. The new format, referred to by Amazon as Kindle Format 8 (KF8), provides support for HTML5-based content. The Digital Reader, which revealed the testing, also reports that a number of graphic novels may already be available in the format and readable by the new Kindle Fire.
Amazon has developed the KF8 e-book format to optimize the capabilities of the recently released Android tablet and other full mobile platforms. It's said to be especially suited to children’s picture books, comics and graphic novels, technical and engineering books, and cookbooks. The KF8 supports many but not all HTML5 features. Javascript...

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Amazon announces Kindle eBooks are now available at 11,000 Public Libraries

Amazon announces Kindle eBooks are now available at 11,000 Public Libraries

Posted on Sep 22, 2011 by MG1

That Amazon will offer Kindle ebooks for rent has been rumored before. That they actually offer eBooks through public libraries is unexpected. Kindle and Kindle app customers can now borrow Kindle books from more than 11,000 local libraries in the United States.

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Cancel a Kindle mag subscription and lose back issues

Cancel a Kindle mag subscription and lose back issues

Posted on Apr 19, 2011 by MG1

If you cancel your subscription to a magazine on the eReader, you also lose your back issues. That is like the publisher coming to your house and picking up the magazines on your coffee table if you c...

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Kindle subscription to the New York Times will net you free web access as well

Kindle subscription to the New York Times will net you free web access as well

Posted on Mar 30, 2011 by MG1

Can't get enough New York Times over your Whispernet? Worry not, dear Kindle reader, for Amazon's on a roll with its announcements today, the latest of which is that a subscription to the NYT on its w...

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Kindle, Netflix updates go through despite iOS rules

Kindle, Netflix updates go through despite iOS rules

Posted on Mar 16, 2011 by MG1

Apple showed possible leniency on its in-app subscription and in-app purchase rules on Tuesday by allowing through new versions of the Amazon Kindle (free, App Store) and Netflix (free, App Store) iPh...

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Amazon Kindle update adds public notes, page numbers, more

Amazon Kindle update adds public notes, page numbers, more

Posted on Feb 08, 2011 by MG1

Amazon has announced an update for the third-gen Kindle and Kindle 3G, which adds proper page numbers to select ebooks, and the ability to share notes and annotations you’ve made publicly. There’s als...

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Amazon Kindle Sold

Amazon Kindle Sold "Millions" This Holiday Quarter So Far

Posted on Dec 14, 2010 by MG1

Amazon has finally given us as close to some solid numbers as we’re going to get on Kindle sales, and it’s not really that close at all. Amazon has been either vague or reluctant to disclose actual Ki...

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Amazon charges Kindle users for free public-domain eBooks

Amazon charges Kindle users for free public-domain eBooks

Posted on Dec 01, 2010 by MG1

A report in Tuesday’s Washington Post reveals that Amazon is apparently selling free public-domain eBooks that have had their license information stripped. The eBooks in question originate from Projec...

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Amazon launches Kindle ebook gifting

Amazon launches Kindle ebook gifting

Posted on Nov 19, 2010 by MG3

Amazon has seemingly grown bored of waiting for people to actively adopt its Kindle ereading platform, and instead wants it to be foisted on unwitting gift recipients this holiday season. As of today ...

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Amazon's Kindle Store opens digital doors in UK

Amazon's Kindle Store opens digital doors in UK

Posted on Aug 05, 2010 by MG15

Amazon has just announced the launch of its UK Kindle Store, furnishing UK netizens with a localized storefront from which to browse and purchase the

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Sony lowered the prices of their e-Readers

Sony lowered the prices of their e-Readers

Posted on Jul 06, 2010 by MG2

We have witnessed the price-cuts of dedicated e-Book Readers including Barnes & Noble’s Nook and most recently Amazon’s Kindle.

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Kindle 2.5 firmware now available for keepsies

Kindle 2.5 firmware now available for keepsies

Posted on Jun 15, 2010 by MG15

Amazon has finally stopped teasing and let the 2.5 Kindle firmware update loose for all and sundry. It had become available as a download for

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Kindle 2.5.2 firmware available for manual update, but only for international types

Kindle 2.5.2 firmware available for manual update, but only for international types

Posted on Jun 11, 2010 by MG15

Not lucky enough to have the Facebook-friendly 2.5 update pushed to your Kindle before itself was pushed back? Well, it's out in the wild now

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Kindle gets waterproof case from M-Edge, begins its life acquatic

Kindle gets waterproof case from M-Edge, begins its life acquatic

Posted on Jun 10, 2010 by MG15

Check this slice of molded plastic out. The Guardian case from M-Edge claims to be the world's first waterproof flotation device for the Kindle, allo

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