Jan 29, 2013
39 notes
Amazon rides a razor-thin wave to $21.27 billion in sales in first full quarter of new Kindles
"Our approach is to work hard to charge less," Amazon CEO Jeff Bezos wrote in October. "Sell devices near breakeven and you can pack a lot of sophisticated hardware into a very low price point.” That’s the philosophy of Amazon’s entire business, not just its Kindles: high volume, low margins, maximum synergy. Sell anything you can, as much as you can, for as little as you can, to remain the retail provider of first resort. 

Amazon rides a razor-thin wave to $21.27 billion in sales in first full quarter of new Kindles

"Our approach is to work hard to charge less," Amazon CEO Jeff Bezos wrote in October. "Sell devices near breakeven and you can pack a lot of sophisticated hardware into a very low price point.” That’s the philosophy of Amazon’s entire business, not just its Kindles: high volume, low margins, maximum synergy. Sell anything you can, as much as you can, for as little as you can, to remain the retail provider of first resort. 

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  2. jchaires reblogged this from thisistheverge and added:
    No that sucks xD
  3. infinitepuzzlepieces reblogged this from thisistheverge and added:
    Very interesting e-biz start.
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  10. app3dtv reblogged this from thisistheverge and added:
    APP3D - Amazon continue to ride the wave. Great post here.
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