AMAZON

Study: Amazon Losing $3 On Each Kindle Fire It Sells

Study: Amazon Losing $3 On Each Kindle Fire It Sells

Speculation that Amazon is losing money on its $199 Kindle Fire has been rampant since pricing for the ebook reader was announced. Now, research firm iSuppli has broken the Fire down to its core components, and has determined that the Fire is costing the company at least $201.70 to manufacture, meaning Amazon is losing roughly $2.70 on each one it sells. [More]