Technology, Kindle Fire Sales | featured news

Amazon.com quenched the Kindle Fire on Thursday, saying its first tablet computer is now "sold out." The Internet retailer has a major press conference scheduled for next Thursday in Santa Monica, California. It's widely expected to reveal a new model of the Fire there, so the announcement that the first model is "sold out" suggests that Amazon halted production a while ago to retool for a new model.

With the rumblings from Amazon about the early success of its new Kindle Fire over the holiday season, the company’s disappointing fourth quarter results came as a surprise. More surprising was Amazon’s silence regarding total Kindle Fire sales for the quarter. During the earnings call, Amazon’s executive team deferred questions about the device to the press release, which simply regurgitated sales data from December.

The Kindle Fire is…on fire. Despite some mixed reviews from the pundit class, consumers have flocked to Amazon‘s first entry into the tablet market. Stifel Nicolas analyst Jordan Rohan in a new research lifted his estimate for the company fourth quarter Fire sales to 6 million units from 5 million. He also raised his financial estimates for the company, asserting that the Kindle and the Kindle Fire have effectively become the third major mobile ecosystem after Apple iOS and Google Android.

Amazon.com this morning announced that it has sold more than 1 million Kindles a week for the last three weeks in a row. The retailer said that the Kindle Fire tablet remains the single best selling item on Amazon.com?s site. The Fire has been the best-selling product on the site for 11 weeks in a ...

After more than a year of missteps by Apple's tablet rivals, at least one viable competitor, Amazon's Kindle Fire, appears to have surfaced for the popular iPad. Amazon.com Inc. on Monday trumpeted the success of its recently launched Kindle Fire tablet, part of a family of Kindle products that include low-priced e-readers. The company said it sold more than four times as many Kindle products on Black Friday last week as the same shopping day in 2010.