Amazon: Kindles are sold at no profits


Amazon: Kindles are sold at no profits

Amazon CEO Jeff Bezos has confirmed in a statement that they sell their Kindle eBook Reader at no profit.

The company tries to make up for it through the sale of eBooks and other content services.

Amazon also sell some models at a discounted pricing with ads that are updated on regular basis on the standby screens and at the footer. Owners of these units can pay a bit more to remove the ads at a later stage.

Amazon also does not release sales figures for the Kindle though most analysts agree that they are the most popular devices in this segment of the market globally.