Monday, January 30, 2012
Report: Amazon Sells 6M Kindle Fires In Q4
A new report today from market research firm Stifel Nicolas says that Amazon sold 6 million of its Kindle Fires during Q4. The report--which came via Forbes--said analyst Jordan Rohan believes the firm has sold 6M of the Kindle Fire in Q4, which also boosts Amazon's estimates. Amazon is reporting its results on Tuesday. Rohan speculated that the Kindle platform helps Amazon avoid expensive, free shipping subsidiaries, which will provide upside in Amazon's media segment revenues.