05-26-2009, 06:09 PM | #1 |
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Amazon's next revolution
Interesting artcile:
http://money.cnn.com/2009/05/26/tech...ion=2009052605 .. Barclays Capital predicts Kindle devices will produce $840 million in profit on $3.7 billion in sales in 2012. That's roughly 20% of Amazon's total sales and profit today. A recent Citigroup report pegged total Kindle sales at roughly 500,000 units. ... Advertisers and publishers, especially magazine producers like Fortune's parent, Time Inc., are salivating over the prospect of a color-screen Kindle. (Fortune is available on Kindle and is in talks with Amazon to offer unique content on the device.) Display makers such as Plastic Logic say color is only a couple of years away. But Bezos says the technology is nowhere near ready. So what's next? The only hint he gives about his "10-year road map" comes in reaction to an observation that the wireless connectivity could foster interaction (think virtual book clubs) among Kindle owners. He calls the suggestion "very perceptive." |
05-26-2009, 11:47 PM | #2 |
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Note that the Citigroup report referred only to Kindle 1 sales in 2008; it did not estimate Kindle 2 sales in 2009 (already estimated at over 300,000).
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05-28-2009, 03:29 AM | #3 |
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05-28-2009, 06:35 AM | #4 |
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