Kindle sales pegged at $1 billion by 2010
Sales of the Amazon Kindle may be higher than expected, according to CitiGroup analyst Mark Mahaney, who inferred once again that the e-reader is the Apple iPod of the book world.
The analyst said Monday that he expects the Kindle to sell about 380,000 units in 2008. The figure is double that of his original sales estimate for the e-reader, and equal to the amount of iPods sold during the first year of release.
Mahaney wrote in a client note that the Kindle may become one of the hottest gifts of holiday season, citing the fact that Kindle is … Read more