Wednesday, June 08, 2011

Kindles Getting Cheaper, and Huge: 10 Percent of Amazon’s Business Next Year – AllThingsD

A Kindle snapshot

Jeff Bezos and company continue not to release sales numbers for the devices, but everyone else keeps guessing. Citigroup’s Mark Mahaney, an Amazon bull, has bumped up his sales estimates, and now thinks the company will sell 17.5 million devices this year, and another 26 million in 2012.

The big picture is that Mahaney thinks Kindle readers and books will generate $6.1 billion for Amazon next year–nearly 10 percent of its overall sales. Again, remember: This business didn’t exist until Thanksgiving 2007.

[…]

image

Kindles Getting Cheaper, and Huge: 10 Percent of Amazon’s Business Next Year – AllThingsD

Post a Comment