Well I have to admit that from the author's perspective and his own measuring unit ($ sales) he is 100% correct. Kindle won't generate any sort of significant revenue or profits for Amazon any time soon.
Also notice the comparison to iPod! His expectations are for millions of devices sold for millions or revenue. He is using a very high standard, as opposed to most readers here having much more modest expectations.
So for a financial analyst who cares about revenu and profits first and foremost the Kindle is a failure. Yep. Simpe.
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