Amazon Kindle set to go massive
Print not dead, but tombstone prepared
By Bill Ray
Published Tuesday 12th August 2008 in The Register
Print not dead, but tombstone prepared
By Bill Ray
Published Tuesday 12th August 2008 in The Register
Amazon's Kindle e-book reader will sell more than 380,000 in 2008, according to analysts at CitiGroup. UK retailer Waterstones agrees that e-books are the future and is putting Sony Readers into its high street stores.
The Kindle figures are based on positive reviews of the product as well as the way it's still topping Amazon.com's best-selling list. Analyst Mark Mahaney reckons a Kindle is going to be the must-have item for this Christmas, pointing out that his predicted sales are roughly the same as those achieved by the iPod in its first year, particularly impressive as the Kindle can only be sold in the US as it requires access to the CDMA network over which its whispernet connectivity operates. He also reckons that by 2010 the Kindle will be contributing $1 billion annually to the online-bookseller-turned-everything-emporium - four per cent of their total revenue.
The Kindle figures are based on positive reviews of the product as well as the way it's still topping Amazon.com's best-selling list. Analyst Mark Mahaney reckons a Kindle is going to be the must-have item for this Christmas, pointing out that his predicted sales are roughly the same as those achieved by the iPod in its first year, particularly impressive as the Kindle can only be sold in the US as it requires access to the CDMA network over which its whispernet connectivity operates. He also reckons that by 2010 the Kindle will be contributing $1 billion annually to the online-bookseller-turned-everything-emporium - four per cent of their total revenue.
Read the full story at The Register online.
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