Full news story on Kindle to generate $5.4b revenue in 2011.
Kindle to generate $5.4b revenue in 2011
May 11 2011
According to an analyst at Caris & Co, this year the Kindle could generate over 5.4 billion in revenue in 2011 and as much as $7.9 billion in 2012. All figures are necessarily estimates, at best, as Amazon continues to not disclose business metrics for its Kindle franchise so only anecdotal evidence and irregular press releases suggest the size of the Kindle business.
British Parliament asks Amazon to clarify why it pays $9 million in income tax on $23 billion of UK sales.(May 20 2013) Amazon will be called back to give further evidence to members of the British Parliament "to clarify how its activities in the U.K. justify its low corporate...