Monday, April 1, 2013

AMZN: Massive Discounting Hits The Larger Kindle Fire

Massive Discounting Hits The Larger Kindle Fire
by Paulo Santos

A couple of weeks ago, Amazon.com (AMZN) permanently reduced the Kindle Fire 8.9 HD price, from $299 to $269. While Amazon.com put forward the explanation that a larger geographical distribution allowed it to practice lower pricing, one could also speculate that either Amazon.com was stuck with a large supply of the slow-selling device, or maybe it was trying to compensate for overall revenue weakness. read more »

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