How Much Money Amazon Is Making From The Kindle

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Wednesday, February 13, 2013 How Much Money Amazon Is Making From The Kindle Amazon's Kindle business is one of the more intriguing businesses in technology. Amazon reveals almost nothing about its sales or profits, so we have to rely on the estimates of analysts. Scott Devitt at Morgan Stanley did his best to break it down, and he believes the Kindle business is highly profitable for Amazon. He believes 34 percent of Amazon's consolidated segment operating income is coming from the Kindle. In this chart, we break down where the money comes from. While Amazon loses money on each piece of hardware it sells, it makes money from advertising and digital media. Amazon's annual Kindle profit was $565 million last year, according to Devitt, so we're not talking about an Apple-esque performance. He sees it jumping to $620 million this year. Read » Also On SAI Today: Co-Founder Of Hot Start-Up Rap Genius Really Doesn't Like Zuckerberg Or The NYT Jeff Weiner Just Gave Every LinkedIn Employee At The Company An iPad Mini Advertisement CHART OF THE DAY: Amazon Has The Best Reputation Of Any Company In The U.S. CHART OF THE DAY: The Beginnings Of Second Screen Commerce CHART OF THE DAY: Apple's Disappointing Quarter In Context Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the SAI RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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