Apple iPad sales outnumber Amazon Kindle

Posted on Saturday, July 24 2010 @ 2:26 CEST by Thomas De Maesschalck
eWeek reports Apple shipped more iPad tablets since the device's launch three months ago than Amazon shipped Kindles since the product's launch in November 2007.
Apple’s iPad has surpassed the estimated ownership base of the Amazon Kindle, according to a July 21 analyst report, and it could exert considerable long-term pressure on the e-reader—as well as erode Amazon.com’s leverage with publishers.

“Last night, Apple stated it has shipped 3.27 [million] iPads since the April product launch, surpassing our estimate for an installed base of [around 3 million] Amazon Kindles to date despite supply constraints,” Marianne Wolk, an analyst with Susquehanna Financial Group, wrote in a co-authored research note to investors. “However, Kindle device sales have also accelerated recently, with the growth rate of Kindle units up 3x since the June 21 price reduction from $259 to $189.”


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



Loading Comments