Amazon has been cagey about Kindle sales since its launch and as a result pundits have been projecting sales. A lot. And those projections seems to range from about 6 to a quadrillion.
But a crafty analyst at Citi named Mark Mahaney has a much better way of estimating. By using the Sprint 10-K, which lists the number of Kindles that have been activated over the past months, he has found that about 500,000 Kindles have been connected to the Sprint network. That's about $180,000,000 retail! And for a device that looks uncannily like a little Commodore 64.
So what's in store for '09? With the widely expected launch of an attractive Kindle 2 this quarter, sales of 1,000,000 Kindles aren't out of the question. $300-$400 Million bucks plus the book sales.
Wow. Could Kindle hardware be a billion dollar hardware seller in '10???
Thanks for reading, and don't forget to write.
Anyone with any negative ideas about the Kindle forget them the minute they get their Kindle. Out the window they go. The Kindle can hold an entire library of books, literally one ton of books, in a 10 ounce, easy to use gadget that is easy to read, easy to forget it's in your hands. Doesn't heat up, (it's really always off, essentially) and its charge lasts for weeks.
ReplyDeleteI love mine, you must get one, you'll never read an old fashioned book again.