Amazon may sell over 5 million Kindle Fire tablets in Q4

Amazon could ship 5 million or more Kindle Fire tablets in the fourth quarter of 2011, one analyst believes. Rodman & Renshaw analyst Ashok Kumar on Thursday stated that Amazon likely has a huge hit on its hands, with fourth-quarter shipments that may surpass even the most bullish estimates. ”Checks indicate that they could ship upwards of 5 million units in the December quarter, which is just shy of half of Apple’s volume,” Kumar told CNET in an interview. An earlier rumor from DigiTimes suggested that Amazon has placed orders in the neighborhood of 4 million units, and preliminary shipment estimates from Forrester suggested that Amazon might ship 5 million tablets this quarter. Barclays se... »read more

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