Sep 20 2012, 12:53pm CDT | by Luigi Lugmayr
According to Reuters Wal-Mart will no longer sell the Amazon Kindle eReaders and tablet. Wal-Mart sent a memo to store managers that said: "We have recently made the business decision to not carry...
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According to Reuters Wal-Mart will no longer sell the Amazon Kindle eReaders and tablet. Wal-Mart sent a memo to store managers that said: "We have recently made the business decision to not carry Amazon tablets and eReaders beyond our existing inventory and purchase commitments," Wal-Mart said in a memo sent to store managers dated Wednesday. "This includes all Amazon Kindle models current and recently announced."
By selling the Kindle, Wal-Mart was supporting the growth of its biggest rival in the online shopping business. The Kindle is sold at cost or even below and Amazon makes money down the road with consumer purchases of content and goods.
It will hurt Amazon a little bit, but not on a grand scale. It is good to have a lot of shelf space for a product like the Kindle, but then you can always buy a Kindle on Amazon.
Luigi Lugmayr
Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years
experience in the technology field to the ever evolving and exciting
world of gadgets. He started I4U News back in 2000 and evolved it into
vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.
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