CNN Asks: What Is The Kindle’s Potential?
Maggie Lake asks;
Does Amazon have the next iPod?
“Can the do for Amazon what the iPod did for Apple? It is certainly generating some serious buzz. This week Goldman Sachs analyst James Mitchell put Amazon on his recommended list and raised his price target, in part on the sales potential of the Kindle. Mitchell points out that Amazon’s sales growth last quarter matched that of Google.”
That tidbit is very interesting, don’t you think? Sales growth equal to Google last quarter? Did Google have a bad quarter?
A partial comment from “Joan” who responded to these questions from Maggie - “What do you think info-snackers? Does the Kindle have the potential to be the next I-pod? Would owning an electronic reading device encourage you to buy more books?”
“I bought one of the first Kindles. I absolutely love it! I travel a lot, and used to carry heavy bags of books with me on the plane. Now I have everything I want to read on my Kindle. It’s lightweight, has a very readable screen, and I can download new books whenever I want.”
Could be a sincere comment…
Others complained about the lack of color and the inability to load a pdf. I also really found this comment from “Vivaan” motivating;
“The story should not be the Kindle but its implications for the future. Right now a 4 gigabyte chip can hold thousands of books, but what happens when e-reading devices can hold millions, and then hundreds of millions of books? Will libraries become obsolete? Will we each have our own personal library?”
Thoughts anyone?
Tags: Amazon-Kindle, Kindle-Book-Reader, Portable-Reader, Wireless-Reading-DeviceRelated Stories
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