Amazon's third quarter is expected to show strength, with a last-minute sales surge due to new Kindles and with better-than-expected e-commerce results.
However, those $199 Kindle Fire tablets have analysts worrying about profit margins in the fourth quarter and beyond.
Wall Street is expecting Amazon to report third-quarter earnings after market close today of 24 cents a share on revenue of $10.93 billion.
The optimism around Amazon's third quarter revolves around e-commerce strength, three days of sales of new, inexpensive Kindle e-readers, and international gains. Third-quarter profit margins, however, will be hampered by investments in distribution and … Read more