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Wednesday, June 8, 2011

The Kindle Is Starting To Be Big Part Of Amazon's Business


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Wednesday, June 8, 2011
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The Kindle Is Starting To Be Big Part Of Amazon's Business

Amazon's Kindle business is slowly starting to develop into something material.

Read it with a grain of salt because it's based on estimates, but Citigroup analyst Mark Mahaney says Kindle eReaders and Kindle eBooks will contribute 10% of Amazon's sales by the end of next year.

That's $6.1 billion in sales based on 26 million Kindles, and 752 million ebooks sold. Read »


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