In other words, Amazon will have two years to consolidate its hold
over the fast growing eBook market by offering virtually any sort
of discount it pleases — a marketing strategy it can afford
hanks to the volume of business it already does. The question,
hen, is what happens after that time is up? Will there be any
company that can challenge Amazon in the digital market? Maybe
Amazon CEO Jeff Bezos largely credited the strong earnings increase to ebooks, which he said is now a multi-billion dollar category for Amazon.
Amazon's cloud computing business is growing fast and will grow from $4.6 billion in revenue in 2014 to $6.6 billion in 2015 and $9.2 billion in 2016, according to estimates by Citi. But its margins are razor-thin — Citi estimates i...
Amazon.com plans to release a cheaper Kindle e-reader next month, said Chief Executive Jeff Bezos, laying out a strategy to go "mass market" with an inexpensive gadget designed to do just one thing: sell digital books from Amazon.
The government's antitrust suit against Apple and five publishers will make Amazon more powerful than ever in publishing