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Media

Amazon.com New Kindle Already Selling Out (AMZN)

Photo of Jon C. Ogg
By Jon C. Ogg Updated Published

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Amazon.com Inc. (NASDAQ: AMZN) may face many hurdles in the world of eReaders versus iPads and other tablets.  You never know how many it was braced to sell and they won’t tell you how many they have under current order, but if you go to the Amazon.com site some of the new Kindle models are sold out.

The $139.00 Kindle 6″ with Wi-Fi only is sold out.  The site says:
Temporarily Sold Out. Order now to reserve your place in line
Due to strong customer demand, Kindle is temporarily sold out. Order now to reserve your place in line. Orders are prioritized on a first come, first served basis. Orders placed today are expected to ship on or before September 4th.

The $189.00 Kindle 6″ with Free 3G and Wi-Fi says:
Temporarily Sold Out. Order now to reserve your place in line
Due to strong customer demand, Kindle is temporarily sold out. Order now to reserve your place in line. Orders are prioritized on a first come, first served basis. Orders placed today are expected to ship on or before September 4th.

Steve Jobs may still be the best seller of these devices in the world.  He’s not the only measure of success.  Jeff Bezos seems to be doing pretty well with his sales too.

Amazon.com shares are up 1.9% at $120.16 in a broad market rally this Monday afternoon.

JON C. OGG

Contact [email protected] for any questions or corrections.

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Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

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