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Analyst Amazon com s Kindle to generate 750 million by 2010: related news
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2010 750 amazon analyst kindle generate million
The Kindle, Amazon’s ugly but useful ebook reader that launched in November 2007, may be a burgeoning hit, says Citigroup Analyst Mark Mahaney. Citi expects Amazon to generate between $400 million and $750 million in revenue from the Kindle by 2010, or 1% - 3% of Amazon’s total revenue.
in E-commerce
via Seeking Alpha @ 17:44 15th May
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Calling it the iPod of the book business, CitiGroup analyst Mark Mahaney says the Kindle e-book reader will generate three-quarters of a billion dollars for Amazon.com in less than two years.
in E-commerce
via CNET News.com @ 17:41 15th May
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Amazon’s (NSDQ: AMZN) Kindle: There’s some big expectations for Amazon’s Kindle, which allows people to buy books and access other content over Sprint’s (NYSE: S) wireless broadband network. Citi Analyst Mark Mahaney said the gadget has an iPod/iTunes-like model that could end up contributing as much as 3 percent, or $750 million, to Amazon’s overall revenue in two years, reports Silicon Alley Insider. At the low end, it could be 1 percent, contributing $400 million, according to TechCrunch. The argument: it’s selling swiftly, and in all likelihood, the product will only get sexier, cheaper and better with time. Mahaney estimates that 10,000 to 30,000 Kindles have been sold so far. Other reports suggesting that Amazon may sell up to 120,000 a month by the end of the year.
in Handhelds
via MocoNews.net @ 4:45 16th May
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And the drum beat continues ...RBC Capital Markets analyst Mike Abramsky predicts that Apple (NSDQ: AAPL) will easily beat its expectations to sell 10 million iPhones this year, shipping closer to 14 million units this year and 24 million in 2009. As part of the expectations, Abramsky raised his price target on Apple to $220 from $200, while maintaining an “outperform” rating, Canada’s National Post reports. His two reasons for the increase in sales: the 3G phone, which will have more features, and changes to Apple’s business model. This is the same analyst who estimated only two weeks ago that Apple sold 1.8 million iPhones during its fiscal second quarter for a total of 5.5 million for the year. At that rate, it would put the company on track to mildly beat its 10 million-phone forecast, so he’s obviously banking on the 3G pho
in Handhelds
via MocoNews.net @ 16:06 6th May
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on Tuesday cut the price of its Kindle electronic book reader to $359 from its original price of $399. On its Website, Amazon said the Kindle was in stock and could be ordered with free, two-day shipping. Amazon launched the Kindle last November and quickly sold out of the device, but the company was said to be hampered with supply chain and other manufacturing problems, and until recently had difficulty keeping the Kindle in stock. Amazon shares rose $2.27, or almost 3% Tuesday, to close at $80.62. End of Story
in E-commerce
via MarketWatch @ 17:52 27th May
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Nielsen Online has reported May 2008 data for the Top Sites by Parent Company and Top Brands. Google tops the list with 127 million unique visitors. Microsoft is close behind with 123 million, while Yahoo! comes in third at 115 million. Time Warner pulled 107 million visitors, News Corp. Online 79 million, eBay 66 million and InterActiveCorp 64 million. Wikimedia Foundation, Amazon and New York Times round out the list with between 50 and 60 million unique visitors. The data indicate that, for example, that 51.1 million home and work Internet users visited at least one of the New York Times Company-owned sites or launched a New York Times Company-owned application during the month, and each person spent, on average, a total of 17 minutes and 27 seconds at one or more of their sites or applications.
in Search Engines
via IPod NN @ 1:27 12th Jun
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Simon & Schuster's deal with Amazon to more than double the number of Simon & Schuster titles for the Kindle e-book reader shows that mainstream publishers are taking the e-book market seriously. Amazon CEO Jeff Bezo said Kindle customers' total Amazon.com purchases increase by 2.6 times after they buy a Kindle e-book reader.
in E-commerce
via CIO Today @ 9:02 5th Jun
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Simon & Schuster's deal with Amazon to more than double the number of Simon & Schuster titles for the Kindle e-book reader shows that mainstream publishers are taking the e-book market seriously. Amazon CEO Jeff Bezo said Kindle customers' total Amazon.com purchases increase by 2.6 times after they buy a Kindle e-book reader.
in E-commerce
via Mobile Tech Today @ 6:52 4th Jun
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Simon & Schuster's deal with Amazon to more than double the number of Simon & Schuster titles for the Kindle e-book reader shows that mainstream publishers are taking the e-book market seriously. Amazon CEO Jeff Bezo said Kindle customers' total Amazon.com purchases increase by 2.6 times after they buy a Kindle e-book reader.
in E-commerce
via Mobile Tech Today @ 22:53 2nd Jun
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SEATTLE & NEW YORK CITY --(Business Wire)-- Amazon.com (NASDAQ: AMZN) and Simon & Schuster, Inc. today announced that Simon & Schuster will make 5,000 additional titles available for Amazon Kindle in 2008. When added to books already available on Kindle, including thousands of new releases and bestsellers, these Simon Schuster titles represent the vast majority of sales from the publisher's catalog. Committed to delivering content to readers in digital formats, Simon & Schuster's latest eBook initiative will more than double the number of Simon & Schuster titles available on Kindle today. Kindle customers will be able to discover, buy and read popular books such as Stephen R. Covey's "The 7 Habits of Highly Effective People."
in E-commerce
via TMC Net @ 15:05 30th May
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Novell, Inc. today announced financial results for its second fiscal quarter ended April 30, 2008. For the quarter, Novell reported net revenue of $236 million. This compares to net revenue of $232 million for the second fiscal quarter 2007. Income from operations for the second fiscal quarter 2008 was $2 million, compared to a loss from operations of $12 million for the second fiscal quarter 2007. Income from continuing operations in the second fiscal quarter 2008 was $6 million, or $0.02 per share. This compares to a loss from continuing operations of $1 million, or $0.00 loss per share, for the second fiscal quarter 2007. Foreign currency exchange rates favorably impacted revenue by $8 million, unfavorably impacted operating expenses by $9 million and negatively impacted income from operations by $1 million yearover- year.
in Developer
via OSDir.com @ 4:04 31st May
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What's a Kindle? That was my response when I received an email from my co-author J. Peter Bruzzese. However, upon reading about the device offered by Amazon for $359, I was intrigued. Kindle is a wireless reading device with a high-resolution screen. What is amazing is at first glance it seems to be an LCD or back-lit screen. Neither is the case, Kindle actually uses tiny bubbles that are filled with black and "off" white ink. The bubbles are electronically charged and can be turned and displayed on either side of the screen on command. This creates a flat, crisp display that reflects light. Once the display is set to the desired position the tiny bubbles stay put. This means that the display is actually not using any power while you are reading a page.
in E-commerce
via NetworkWorld @ 22:54 2nd Jun
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Search on the word "Kindle" on Yahoo! or Google and you''ll get somewhere in the neighborhood of 20-30 million Web pages showing that word. Must be pretty important, right? How many instances of the word "Kindle" do you think appear in Amazon''s most recent 10-K filing with the S.E.C.? Just for fun, I checked. It appears once. That''s right. The revolutionary, world-changing, print-slaying e-book reader that is supposedly taking the world of media by storm warrants a single mention in Amazon''s most important financial reporting document in its life as a public company: "We also design, manufacture, market and sell a wireless e-reading device, the Amazon Kindle." If even a little bit of the hype behind this thing were to be believed, wouldn''t it be worth describing in some detail to all of the investors, creditors, analysts and others wh
in Search Engines
via PublishersWeekly.com @ 20:13 19th May
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KindleCiti analyst Mark Mahaney says the Amazon Kindle could be an iPod-like hit within two years, contributing 3% (750 millsion) to Amazon’s revenue.
in E-commerce
via Podcasting News @ 4:36 17th May
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SEATTLE - (Business Wire) Amazon (NASDAQ:AMZN) customers around the world have spoken, and today 16-year-old Rhiannon D. of Jones Hill, Australia, and Laura H. of Fresno, Calif., representing the 18 and older age group, are moving on as the two finalists in the Amazon Beedle the Bard Ballad Writing Contest (www.amazon.com/beedleballads, www.amazon.co.uk/beedleballads). The final round of voting begins today, as Amazon customers around the world determine which finalist will win the grand prize-- a weekend trip for two to London with
in E-commerce
via Earthtimes.org @ 14:22 13th May
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Napster, No. 113 in the Internet Retailer Top 500 Guide, generated a net loss of $16.5 million on revenue of $127.5 million, compared with a net loss of $36.8 million on revenue of $111 million in fiscal 2007. In the fourth quarter, the company had a net loss of $4.3 million on revenue of $30.7 million vs. a net loss of $8.5 million on sales of $29.1 million in Q4 of 2007.
in MP3
via InternetRetailer.com @ 13:19 28th May
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June 5, 2008 (FinancialWire) Tandy Leather Factory, Inc. (AMEX: TLF) (Current Market Cap: US$ 34.36 Mil.) said that its sales for the month of May were $4.5 million, down 1% from May 2007 sales of $4.6 million. The company s year-to-date sales are down 4% to $22.6 million in the current year from $23.5 million last year. The company s Retail Leathercraft segment posted an 8% sales increase for May, with sales totaling $2.0 million compared to $1.9 million in May 2007. The 67 comparable stores posted a 3% same store sales gain for the month. Five stores that opened in or after May 2007 added sales for the month of $86,000. Year-to-date sales for Retail Leathercraft are $10.4 million this year, up 3% over last year's sales of $10.1 million. As of the end of May, same store sales were down 3% for the year.
in Gadgets
via Macro World Investor @ 20:00 5th Jun
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Since the WWDC announcement regarding the iPhone 3G's new price and wider availability, various Apple analysts have been weighing in with predictions of just how well the device will sell in the coming months. In general, the analysts believe that iPhone sales are about to take off, and now RBC Capital Markets analyst Mike Abramsky has given us his set of sales and revenue estimates. iPodNN has the details of Abramsky's most recent research note, which suggests that Apple will sell more than 10 million iPhones this year, and more than 20 million in 2009.
in Handhelds
via ArsTechnica @ 16:09 17th Jun
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CorporalKlinger writes "CNET News is reporting that Amazon's US website, Amazon.com, has been unreachable since 10:30 AM PDT today. As of posting, visiting www.amazon.com produces an 'Http/1.1 Service Unavailable' message. According to CNET, "Based on last quarter's revenue of $4.13 billion, a full-scale global outage would cost Amazon more than $31,000 per minute on average." Some of Amazon's international websites still appear to be working, and some pages on the US Amazon.com site load if accessed using HTTPS instead of HTTP."
in Web Developer
via Slashdot @ 20:01 7th Jun
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Looking for a Last Minute Father's Day Gift? Amazon Kindle is the Top-Selling and ''Most Wished For'' Consumer Electronics Product on Amazon.Com--Order Today and Get Free 2-Day Shipping
in E-commerce
via TradingMarkets @ 14:17 10th Jun
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Amazon.com has launched the Amazon MP3 Clips Widget, which enables affiliates and bloggers to access song samples from Amazons catalog of more than 5 million DRM-free MP3s available at AmazonMP3.com.
in MP3
via InternetRetailer.com @ 8:35 22nd May
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The book publishing industry is not sure what to make of the Amazon (NSDQ: AMZN) Kindle wireless reader. The device’s creator, Amazon.com CEO Jeff Bezos, addressed the industry in front of a packed crowd on Friday at the BookExpo Convention in Los Angeles, and talked about about the device, which accounts for 6 percent of his company’s book sales that are available in both paper and electronic. But two camps appear to be forming an opinion on whether the device is an opportunity or threat. Publishers are concerned about Amazon’s growing dominance as a bookseller, reports The NYTimes, because they fear Amazon will put pressure on publishers to cut prices of book titles since electronic versions sold for the Kindle are at way lower price points.
in E-commerce
via PaidContent.org @ 23:02 2nd Jun
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Late last month Amazon.com apologized for delays in Kindle delivery. Their apology said they would in a few weeks be able to offer an "order today, ship today" service on the Kindle. Whether or not they've actually reached that point, Amazon.com has posted a note on their front page today saying Kindles are back in stock.
in E-commerce
via Huliq.com @ 14:47 29th Apr
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If many of you are wondering what a Kindle is, don't worry. You're not alone. Kindle is a wireless reading device that was developed by Amazon.com (AMZN). You can read books, newspapers and magazines on the device just as you would read them on paper. Amazon released these devices last November amidst a lot of hype.
in E-commerce
via Seeking Alpha @ 9:44 2nd Jul
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(Update: service back late in the afternoon) Amazon has been suffering an ongoing shortage that has both affected its main business as well as hurt its Kindle e-book reader, according to user reports. The outage began earlier this afternoon and has left Amazon's main page nearly, blank, with only a "service unavailable" message at the front. Kindle users in turn note an inability to access the company's site for downloading e-books.
in E-commerce
via Electronista @ 10:40 7th Jun
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