Wednesday, December 22, 2010

Amazon.com Kindle Sales Are Said to Exceed Estimates - BusinessWeek

A happy holiday for Amazon.com

Amazon.com Inc. is likely to sell more than 8 million Kindle electronic-book readers this year, at least 60 percent more than analysts have predicted, according to two people who are aware of the company’s sales projections.

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Shares of Amazon rose $1.46 to $184.75 at 4 p.m. New York time in Nasdaq Stock Market trading. They have gained 37 percent this year.

Amazon.com Kindle Sales Are Said to Exceed Estimates - BusinessWeek

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