Analysts Say Kindle E-Book Reader Set To Blow Up

Posted: Aug 12 2008, 8:37am CDT | by , Updated: Aug 11 2010, 10:00am CDT, in News | Portable Devices

 
/* Story Top Left 2010 300x250, created 7/15/10 */ google_ad_slot = "8340327155";

Buy This Now On Amazon

Analysts for research firm CitiGroup predict that the Amazon Kindle e-book reader will sell more than 380,000 copies in 2008. The firm bases those figures on positive reviews of the product and the fact that it's topping Amazon's bestseller list.

One of the firm's analysts expects the Kindle to be a very hot item this Christmas season and predict sells roughly equivalent to those achieved by the iPod in its first year. According to the firm the sales numbers are all the more impressive because the Kindle can only be sold in the US at this time because it requires a CDMA network.

One analyst from the firm thinks that by 2010 the Kindle will be contributing $1 billion annually to Amazon's total revenue. Only time will tell if the Kindle proves to be as popular as analysts expect.

Via The Register

Holiday Gift Guides and Deals

Get your Holiday gifting inspired by Best Toy Gifts with High STEM Value and the Top 10 toy gifts under $10 if you are on budget. The most popular Holiday 2017 toy list include Fingerlings, Crate Creatures and more. Don't miss the new Holiday deals on Amazon Devices, including $29.99 Fire tablet.

This story may contain affiliate links.

This free App Solves You Holiday Shopping Problem


Download the free Tracker app now to get in-stock alerts on Fingerling, Luvabella, SNES Classic and more.

Latest News

Comments

The Author

<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Tech and Car expert Shane McGlaun (Google) reports about what's new in these two sectors. His extensive experience in testing cars, computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.

 

 

Advertisement

comments powered by Disqus