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Kindle “Still Too Expensive for Mass Acceptance”

That’s what analyst Steve Weinstein of Portland’s Pacific Crest told the San Francisco Chronicle, adding that Amazon has sold around 40,000 units so far this year and could sell between 700,000 – 800,000 by the end of 2008 hitting $2.5 billion in sales by 2012. Considering that Apple sold 376,000 iPod units in its first […]

$750 million a year estimate wildly off the mark?

Mark Mahaney is the Citigroup analyst who last week made the assessment that by 2010 Amazon will be earning $750 million in revenue from the Kindle, which would account for 3% of Amazon’s total revenue. He also estimates that Amazon would shift between 189,000 – 600,000 units by the end of the year, growing to […]

$750 Million in Kindle Sales by 2010

Mark Mahaney – an Internet Analyst at Citigroup Investment Research – is predicting that revenue generated by Amazon from the sale of Kindle’s will be between $400m – $750m by 2010. That would account for 1% – 3% of Amazon’s total revenue, about half the projected revenue would be from the sale of Kindle devices […]