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Amazon Kindle Beating Sales Estimates, Holiday Expectations




Amazon.com's Kindle electronic book reader appears to be selling much better than expected and could double a previous estimate for units sold this year, said Citigroup analysts. With few cool new gadgets expected on the market, the Amazon Kindle could be one of the top electronics gifts of the upcoming holiday season, along with Apple's newest iPhone, Citigroup said.
- NEW YORK (Reuters) - Citigroup said on Aug. 11 that Amazon.com's Kindle electronic book reader appears to be selling much better than expected and could double a previous estimate for units sold this year, sending shares in the online retailer up 9 percent. With few cool new gadgets expected o...


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