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Aug 05 2008
It is estimated that Amazon have sold 240,000 Kindles so far. Adding the amounts spent on digital books, newspapers, and blogs purchased to read on the device, and the business is estimated to have brought in $100 million. An analyst at Stifel, Nicolaus & Co. predicts that Amazon is on track to sell 500,000 to 750,000 more Kindles over the next four quarters (including this one). Back in May, a Citi analyst estimated total sales in 2008 would be just 189,000.
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