Online Stock Trading - Amazon Says Kindle Ebook Reader is Best-Seller
Just before Christmas I wrote a post about the Amazon Kindle Ebook Reader and how Amazon had a hit on its hands, particularly since Oprah endorsed the Kindle as her "favorite gadget" - see Kindle Ebook Reader Mania. Well it turns out that the Kindle is Amazon's best-selling electronic product. It is also top of the category of the "most wished for" - presumably because they are very difficult to get hold of and there is a booming second-hand market where Kindles are selling for more than their original price.
I haven't been able to discover the exact numbers for sales but one interesting fact is that on Amazon there are 7390 customeer views written about the Kindle which compares to only 446 for the no. 2 best-seller the Canon Power Shot A590IS - one of the best digital cameras around. The Apple IPod was only No. 3 with a mere 162 customer reviews.
There is an interesting analysis on Seeking Alpha - showing how interest in the Kindle has held up well since the boost given by Oprah's endorsement - "All things considered, the strength of the Kindle’s online interest around the holiday season has been remarkable."
The point of all this is of course that Amazon could make quite a lot of money from the Kindle and associated e-book sales !
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