Citi analyst Mark Mahaney is bullish on the prospects for Amazon’s Kindle ebook reader. He estimates that Amazon (AMZN) will sell 378,000 units this year, double his initial guess. And he thinks instead of being a $750 million business that accounts for 3% of Amazon’s sales in 2009, the Kindle will be a $1.1 billion […]

There’s a great deal of buzzing today about a few Internet video news items: Amazon is debuting a streaming video store. The service, Amazon Video on Demand, will offer about 40,000 streaming videos for customers to choose from. TiVo is adding YouTube support. TiVo’s YouTube support was announced in March, and is available to broadband-connected […]

Dancing, the latest video from Where The Hell Is Matt‘s Matt Harding, has turned its theme song, Praan, into a Top 20 hit. The song, arranged by composer Garry Schyman and sung by 17 year-old Palbasha Siddique, is one of the Top MP3 Songs at Amazon. “It’s up over Madonna and Mariah Carey,” said Siddique […]

Amazon.com and Simon & Schuster today announced that Simon & Schuster will make 5,000 additional titles available for Amazon Kindle in 2008. When added to books already available on Kindle, these Simon Schuster titles represent the vast majority of sales from the publisher’s catalog. Amazon CEO Jeff Bezo also offered incentive for other publishers for […]

Amazon.com is planning to take on Apple’s iTunes Store with a new video-on-demand service, the company has revealed. Amazon.com CEO Jeff Bezos, speaking at the All Things D Conference, described the service as a “new version of video on demand” that will begin showing videos instantly on personal computers. Videos will be sold on an […]

Amazon has quietly dropped the price of its Kindle book reader, the device it recently said was selling better than it expected. The Kindle electronic book reader had been $399; now it lists for $359. We’ve been skeptical about the Kindle’s prospects since it was introduced. While it’s a big name book reader, it has […]

Citi analyst Mark Mahaney says the Amazon Kindle could be an iPod-like hit within two years, contributing 3% (750 millsion) to Amazon’s revenue. Here are Mahaney’s reasons: The Kindle doesn’t suck. Mahaney likes the Kinde’s automatic downloading feature and slightly lower-price books ($9.99 vs. $18 for the physical books). The current Kindle is a 1.0 […]

During Amazon’s Q4 2007 earnings call on January 30th, CEO Jeff Bezos had some interesting remarks about sales of the company’s Kindle portable book reader: Kindle is, in terms of demand, outpacing our expectations, which is certainly something that we are very grateful for. It’s also on the manufacturing side causing us to scramble. We’re […]