MobileRead Forums - View Single Post - Nook sales make BN financials shine; almost 1/3 of Internet users will own a Kindle

Kali Yuga · 01-03-2011, 11:10 PM

JP Morgan, and almost every investment bank AFAIK, have equity researchers that try to figure these sorts of things out. They typically sell the reports (to institutions and financial types afaik) as well as use them internally to advise clients and their own traders.

The 28% figure sounds way too high, since that could be over 60 million Kindle users by Dec 2011. I'd assume something got lost in translation.

01-03-2011, 11:10 PM	#9
Kali Yuga Professional Contrarian Posts: 2,045 Karma: 3289631 Join Date: Mar 2009 Device: Kindle 4 No Touchie	JP Morgan, and almost every investment bank AFAIK, have equity researchers that try to figure these sorts of things out. They typically sell the reports (to institutions and financial types afaik) as well as use them internally to advise clients and their own traders. The 28% figure sounds way too high, since that could be over 60 million Kindle users by Dec 2011. I'd assume something got lost in translation.