Monday, August 11, 2008

Kindle profits to top $1 billion by 2010; Citi

Kindle profits to top $1 billion by 2010; Citi
Internet Analyst Mark Mahaney at Citi Investment Research is predicting the Kindle e-book reader offered exclusively by Amazon.com will sell 378,000 units this year, up from his previous estimates by a factor of two and well above the growth rate of Apple's iPod in its early years. His previous estimates of the $350 device's sales have also been bu...

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