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Amazon Profit Plunges After New Products Increase Expenses; Shares Tumble

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Linked by Bloomberg ( track newsfeed | ignore newsfeed ) - October 25, 04:32PM from (www.bloomberg.com)

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Amazon Profit May Fall by Half as New Kindle Squeezes Margin


Chris Ratcliffe/Bloomberg

Operating margins are estimated to decline to 1.33 percent from 3.54 percent, and gross margins are projected to fall to 23.1 percent from 23.5 percent, the data show.



Operating margins are e...


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