Amazon's Kindle still in ''Investment Phase'': CEO
Posted on Wed, 28 May 2008 12:21:12 CDT | by Luigi Lugmayr
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LOS ANGELES (Reuters) - Amazon.com Inc's electronic book reader, the Kindle, is
still in its investment phase, the Internet retailer's chief executive told CNBC
on Wednesday.
CEO Jeff Bezos would not reveal how many Kindles the Seattle-based company had
sold since its launch in November, but said the price had recently been lowered
to $359 from $399.
(Reporting by Alexandria Sage; editing by Jeffrey Benkoe)
© Copyright 2008 Reuters.
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Posted on Wed, 28 May 2008 12:21:12 CDT | by Luigi Lugmayr
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