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Amazon Kindle Fire News

Amazon may move 12 million Kindle Fire tablets in 2012

Amazon may move 12 million Kindle Fire tablets in 2012 Created by MG1 on Nov 24, 2011

We like the Kindle Fire’s odds, and we revealed as much in our review of Amazon’s new tablet published on Tuesday. Analysts have been betting on the Fire as well, with shipment estimates reaching as high as 5 million units for the fourth quarter alone. As detailed in a recent note to investors, Citigroup analyst Mark Mahaney sees Amazon’s success in the tablet market spilling into the new year, with sales of Amazon’s Kindle Fire tablets reaching 12 million units for the full year in 2012. Increasing competition and falling prices could make 12 million tablets a tall order, but if Amazon can pull it off, it will manage to acquire 15% of the tablet market and roughly $3.2 billion in revenue th... »read more

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