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December 14, 2011

Amazon to sell 6 Millions of Kindle Fire tablets and 8 Million of eReaders in the Q4

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Posted by: Ruben Van Ryan
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Online Retail Giants Amazon could sell at least of 6 Million Kindle Fires tablets in the Q4 as well the eReader should be sold at least of 8 Million and just over six weeks of availability this quarter, analysts at Goldman Sachs estimate that Amazon will sell as many as 6 million Kindle Fire tablets. Add to that another 8 million Kindle-branded eBook readers the firm sees Amazon selling between October and the end of this year. The fact that the Kindle has a low price tag and is concentrated on media consumption reading books and news, watching videos or listening to music rather than apps is credited with its surge in sales, the analysts said.

“While the Kindle Fire certainly doesn’t have the breadth of functionality of the iPad (no camera or microphone, shorter battery life and less memory), it does a few things very well, which just happen to be the few actions that users utilize the tablet form factor most often for, in our view,” the report said.



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Ruben Van Ryan






 
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