Amazon (AMZN): Kindle Sales Rise 4X From Last Year
November 28, 2011 by Douglas A. McIntyreAmazon.com (NASDAQ: AMZN) said sales of its Kindle soared on Black Friday.
In a press release, the largest e-commerce company said:
Black Friday was the best ever for the Kindle family and the popular Kindle Fire remained the bestselling product across all of Amazon since its introduction 8 weeks ago.
The company added:
“Even before the busy holiday shopping weekend, we’d already sold millions of the new Kindle family and Kindle Fire was the bestselling product across all of Amazon.com. Black Friday was the best ever for the Kindle family – customers purchased 4X as many Kindle devices as they did last Black Friday – and last year was a great year,” said Dave Limp, Vice President, Amazon Kindle. “In addition, we’re seeing a lot of customers buying multiple Kindles – one for themselves and others as gifts – we expect this trend to continue on Cyber Monday and through the holiday shopping season.”
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