Kindle sales on fire: Amazon
A Amazon Kindle Fire tablet is displayed at a press conference in New York in September. Amazon said Thursday that it sold more than one million Kindles a week in December with the new Kindle Fire tablet computer its top-selling item.
Amazon said Thursday that it sold more than one million Kindles a week in December with the new Kindle Fire tablet computer its top-selling item.
This year saw "the best holiday ever for the Kindle family as customers purchased millions of Kindle Fires and millions of Kindle e-readers," the Seattle-based online retail giant said in a statement.
Amazon said the Kindle Fire has been the "number one best-selling, most gifted and most wished for product" on Amazon.com since it went on sale 13 weeks ago.
Besides the Kindle Fire, Amazon offers a range of Kindle electronic book readers.
Amazon said it sold "well over" one million Kindle devices per week in December with the Kindle Touch and basic Kindle taking the top two spots after the Fire.
Amazon said the Kindle is its best-selling item in Britain, France, Germany, Italy and Spain in addition to the United States.
The company said "gifting" of Kindle books between November 25 and Christmas Day rose 175 percent compared to the holiday period last year with Christmas Day the biggest day ever for Kindle book downloads.
Despite the rosy sales numbers for the gadgets, Goldman Sachs said in a research note that the online titan may fall short of fourth-quarter earnings expectations.
Industry tracker comScore found that US online spending for the first 56 days of the November-December holiday season rose 15 percent over the same period last year to $35.3 billion.
"On average, Amazon's year-over-year sales growth in the fourth quarter has outpaced holiday season eCommerce by 23 points," Goldman Sachs said.
"As such, the comScore data released today would imply top line growth of 38 percent year-over-year to $17.87 billion, slightly below current consensus of $18.19 billion, up 40 percent year-over-year."
Amazon shares meanwhile lost 0.02 percent on Wall Street to close at $173.86.
The Kindle Fire costs $199, less than half the price of the cheapest iPad from tablet market leader Apple.
It has a seven-inch (17.78-centimeter) screen, smaller than the iPad's 9.7 inches (24.6 centimeters), connects to the Web using Wi-Fi and is powered by Google's Android software.
It does not have a camera or the 3G connectivity featured on other tablets but gives buyers easy access to Amazon's online store, which sells books, music, movies, television shows, games and other content.
(c) 2011 AFP
-
From lemons to lemonade: Reaction uses carbon dioxide to make carbon-based semiconductor,
32 comments
-
Thioridazine kills cancer stem cells in human while avoiding toxic side-effects of conventional cancer treatments,
3 comments
-
SpaceX private rocket blasts off for space station (Update),
42 comments
-
Climate scientists say they have solved riddle of rising sea,
31 comments
-
SpaceX capsule has 'new car' smell, astronauts say (Update),
4 comments
-
Need a rigid insulation material???
21 hours ago
-
magnets or EMF in car bumpers to protect from fender bender
May 26, 2012
-
length of wire in a coil of known dimensions?
May 25, 2012
-
India Engineering Powerhouse
May 25, 2012
-
electromagnet core dereference between hard and soft iron
May 25, 2012
-
Measuring water pressure in an open tank
May 24, 2012
- More from Physics Forums - General Engineering
More news stories
Browser wars flare in mobile space
The browser wars are heating up again, but this time the fight is for dominance of the mobile Internet.
14 hours ago |
5 / 5 (2) |
3
Probability of contamination from severe nuclear reactor accidents is higher than expected: study
Catastrophic nuclear accidents such as the core meltdowns in Chernobyl and Fukushima are more likely to happen than previously assumed. Based on the operating hours of all civil nuclear reactors and the number ...
Technology / Energy & Green Tech
May 22, 2012 |
3.6 / 5 (25) |
56
|
HyperSolar shows dirty water no barrier to power world
(Phys.org) -- The Santa Barbara, California, company, HyperSolar, is set to transparently share the ups and downs of its research experiences toward the company’s ultimate vision, successfully producing ...
Technology / Energy & Green Tech
May 24, 2012 |
4.8 / 5 (16) |
17
|
SpotterRF debuts Radar Backpack Kit (w/ Video)
(Phys.org) -- SpotterRF has announced a special radar backpack kit designed to enhance situational awareness for soldiers on the ground. The company says its special radar is designed for warfighters as part ...
Technology / Hi Tech & Innovation
May 26, 2012 |
5 / 5 (5) |
13
|
Tesla to launch electric sedan in US on June 22
Tesla Motors said Tuesday it would begin deliveries of "the world's first premium electric sedan" on June 22, slightly ahead of schedule.
Technology / Energy & Green Tech
May 22, 2012 |
4.5 / 5 (12) |
18
Stunning image of smallest possible five-ringed structure
Scientists have created and imaged the smallest possible five-ringed structure – about 100,000 times thinner than a human hair – and you'll probably recognise its shape.
'Unzipped' carbon nanotubes could help energize fuel cells, batteries
Multi-walled carbon nanotubes riddled with defects and impurities on the outside could replace some of the expensive platinum catalysts used in fuel cells and metal-air batteries, according to scientists at ...
Change in developmental timing was crucial in the evolutionary shift from dinosaurs to birds: study
At first glance, it's hard to see how a common house sparrow and a Tyrannosaurus Rex might have anything in common. After all, one is a bird that weighs less than an ounce, and the other is a dinosaur that ...
Computer model used to pinpoint prime materials for efficient carbon capture
When power plants begin capturing their carbon emissions to reduce greenhouse gases – and to most in the electric power industry, it's a question of when, not if – it will be an expensive undertaking.
T cells 'hunt' parasites like animal predators seek prey, study shows
By pairing an intimate knowledge of immune-system function with a deep understanding of statistical physics, a cross-disciplinary team at the University of Pennsylvania has arrived at a surprising finding: T cells use a movement ...
Land and sea species differ in climate change response: study
(Phys.org) -- Marine and terrestrial species will likely differ in their responses to climate warming, new research by Simon Fraser University and Australia’s University of Tasmania has found.
Dec 30, 2011
Rank: not rated yet