Amazon has introduced a new photo printing service, triggering the worst single-day decline in more than eight years for shares of Shutterfly.The new AmazonPrints service offers printed photos starting at 9 cents each and photo books starting at $20. Cards and calendars will be additional options coming soon, according to the company's website.Amazon's news in advance of the fourth quarter, when Shutterfly makes about half of its revenue from customers printing holiday cards and calendars, "couldn't come at a worse time" for Shutterfly, said Victor Anthony, an analyst at Axiom Capital Management who follows both companies. Continue reading at AdAge.com Continue reading at 'Advertising Age'
[ Advertising Age | 2016-09-22 00:00:00 UTC ]
Amazon.co.uk increased Kindle ebook sales by five times in its fourth quarter but its parent... Continue reading at The Bookseller
[ The Bookseller | 2012-02-01 00:00:00 UTC ]
More news stories like this
Written By: Graeme Neill Publication Date: Thu, 03/11/2011 - 09:55 Penguin's ebook sales have more than doubled in the first nine months of 2011, as parent Pearson reported an increase in total sales of 3% and operating profit of 13%. Total sales at Penguin for the nine months to 30th... Continue reading at The Bookseller
[ The Bookseller | 2011-11-03 00:00:00 UTC ]
More news stories like this
Written By: Lisa Campbell Publication Date: Wed, 09/02/2011 - 07:00 Profits at Indigo Books & Music have dropped by $4.4m year-on-year in its fourth quarter. The Canadian book retailer reported profits of C$30.1m in the fourth quarter ending 1st January, down from C$34.5m in the same... Continue reading at The Bookseller
[ The Bookseller | 2011-02-09 00:00:00 UTC ]
More news stories like this