Mike Edwards, the CEO of Borders Group which has just declared bankruptcy, wrote the retailer's "Rewards Members" to tell them everything at the company is fine. If the Borders' program ... Read Full Story »
Updated throughout the day. Amazon.com (NASDAQ: AMZN) shipped 1.6 million Kindle e-readers this month. (Apple Insider) MySpace will lay off 50% of its staff and be put up for sale ... Read Full Story »
The third generation of Amazon.com's (NASDAQ: AMZN) Kindle e-reader was the best selling product in the e-commerce firm's history. The announcement was confused with a number of pieces of data ... Read Full Story »
Securities analysts and research firms which cover the sales of e-readers and tablet computers continue to upgrade holiday shipment figures for most of the large brands. That means the purchase ... Read Full Story »
'Tis the season for loss leaders. Maybe retailers were scared by the ho-ho horrible recent holiday seasons or maybe they were concerned that consumers remained as worried as ever about ... Read Full Story »
Coremetrics, which covers online sales activity, says that Cyber Monday sales rose 20% this year over last based on data taken through 6 PM. That would make e-commerce revenue for the ... Read Full Story »
The Kindle was not the Amazon.com (NASDAQ: AMZN) flagship product much of Black Friday. Perhaps that is because of suspicions that the world's largest e-commerce site makes little or no ... Read Full Story »
Amazon.com has already dropped the price of its basic Kindle e-reader by $70 to $189. The moved followed a price cut of Barnes & Noble's (NYSE: BKS) Nook from $199 ... Read Full Story »
Reuters: The House passed the financial reform bill leaving the Senate to act Reuters: Work on the BP plc (NYSE: B) oil spill will be delayed because of Hurricane Alex. ... Read Full Story »
There are many estimates of the size of the e-reader market and which companies have the most market share. Amazon.com (NASDAQ: AMZN) claims it has sold "millions of Kindles" and ... Read Full Story »
Amazon (NASAQ: AMZN) announced that it would begin to sell its Kindle digital book reader in some Target (NYSE: TGT) stores. The news was viewed as a big "win" for Amazon, ... Read Full Story »
Research that tries to forecast consumers' buying plans is notoriously inaccurate. It is hard to determine what someone will buy if they have not seen it. Purchase intent based on brand ... Read Full Story »
The Apple (AAPL) iPad tablet computer looks like it will launch into a market where it has no rivals. The Amazon (AMZN) Kindle is not a PC at all. It is underpowered ... Read Full Story »
We were quite interested in Amazon.com's (NASDAQ:AMZN) upcoming product release for the new e-book reader, the Kindle. Interestingly enough it almost immediately sold out of its initial supply and gave ... Read Full Story »
Amazon.com (NASDAQ:AMZN) is apparently already sold out of its new Kindle electronic book reader. That is what the launch and intro page for the Kindle notes. What is not clear ... Read Full Story »