It looks like Amazon ’s maraud into the world of contraption fashioning is going to be a profitable one indeed : CitiGroup analyst Mark Mahaney lay claim that in less than two years , the e - Koran reader is going to pull in a whopping $ 750 million . For those of you keeping track at home , that ’s a shitload of money .
The figure is based on calculations assuming that sales will grow from 189,000 by the remainder of this year to a whopping 2.2 million in a couple of age , when the price of the gimmick should be below $ 300 . And while there are sceptic out there and people who really , really do n’t require to give up veridical books for e - books ( myself included ) , you ca n’t really reason with the natural progression from physical media to digital that e - books typify . And with Amazon offering up the declamatory catalog of Es - book around from a store that most people are already familiar with and trust , it makes sense that the Kindle will be the iPod of digital books . Ka - ching . [ CNET ]
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