CNNMoney.com - Latest Comments in Amazon unveils Kindle Fire HD, but sales will remain a mystery

Re: Amazon unveils Kindle Fire HD, but sales will remain a mystery

WilliamButle — Mon, 05 Nov 2012 21:16:03 -0000

I so hate coming in on the tale end of a discussion (especially after all the other parties have gone their separate ways), but... Only one of the posters (guster00), including the author of the article, seems to understand the Kindle purpose. The Kindle, in the instance of Amazon as a seller of ebooks, digital music, and digital video, is a vessel and conduit. As a product, it serves no other purpose. The Kindle (all of the various models) are the equivalent of a durable grocery sack sold at a local supper market; it's something in which other products, purchased at the same venue, can be carried. Actually it's more like a durable sack that could morph into a table, oven, refrigerator, and plates with eating utensils.

Amazon's profits are based on the content consumed by purchasers on the Kindle; not on the Kindle. After all, supermarkets don't report sales figures for their durable grocery sacks. In this model the Kindle product line are promotional tools or expenditures rather than profitable goods.

Re: Amazon unveils Kindle Fire HD, but sales will remain a mystery

Just Blog — Sun, 09 Sep 2012 19:05:23 -0000

Starting a tablet fund. Until I save enough $$$, my phone is my tablet.

Re: Amazon unveils Kindle Fire HD, but sales will remain a mystery

PeterBlood — Sun, 09 Sep 2012 03:54:08 -0000

Only a real idiot would give away an iPad 3 not knowing what he had. It astonishes me how blind these dopes are.

Re: Amazon unveils Kindle Fire HD, but sales will remain a mystery

Herr Calypso Joe — Fri, 07 Sep 2012 19:33:14 -0000

Say a share is worth a dollar at the beginning of the financial year and the projected forward earnings (predicted gain based on realistic appraisal of the company's prospects) is 5% then you would expect share to be 105 cents at the end fo the year. It's a projection based on future earnings.
In Amazon's case Mr Pesos has long been hyping the company. So far he has sustained growth and some profit.
Selling shoes, books and other misc. rubbish is getting Mr Pesos some traction, but he needs to build up major momentum to achieve 320 times. Hence the expansion into Pads. Unfortunately his products fall way short of the mark, so he won't release numbers.
Wait for his next trick www.amazon_porn.xxx - now that's a money earner! :-)

Re: Amazon unveils Kindle Fire HD, but sales will remain a mystery

guster00 — Fri, 07 Sep 2012 13:39:23 -0000

Amazon uses the Kindle as another delivery mechanism. I like that analysts are betting Amazon's future on whether or not they sell a lot of Kindles. Their distribution system, tax fights with states, or cloud services should have a much bigger impact. A company doesn't report every bit of news because of both competitive intelligence, and how it can be misused by analysts

Re: Amazon unveils Kindle Fire HD, but sales will remain a mystery

ArizonaBlue — Fri, 07 Sep 2012 10:33:25 -0000

The reason a company - any company - refuses to disclose sales numbers is because those numbers are disappointing. I mean, if the sales were good wouldn't you want the world to know? Also, Kindles are completely irrelevant. Except for the price, there is nothing you get with a Kindle Fire that you don't get with an iPad and much, much more.

Re: Amazon unveils Kindle Fire HD, but sales will remain a mystery

1brayden — Fri, 07 Sep 2012 06:11:48 -0000

Can someone please explain to me how Amazon can trade for 320 times their estimated earnings for this year? The math works out to 3.5 lifetimes.

I understand being long in a stock but long dead?

Re: Amazon unveils Kindle Fire HD, but sales will remain a mystery

seanickson — Fri, 07 Sep 2012 01:55:50 -0000

Stockholders should be outraged regardless of how well the stock is. They are owners of the company and should be entitled to the sales numbers of the company's hottest product. I dnt think the kindle is necessary essential to amazon's success but i certainly dont think that stockholders are being treated as partners

Re: Amazon unveils Kindle Fire HD, but sales will remain a mystery

Herr Calypso Joe — Fri, 07 Sep 2012 01:24:29 -0000

On or in the toilet? I should think the latter. :-)))

Re: Amazon unveils Kindle Fire HD, but sales will remain a mystery

PBinNJ — Fri, 07 Sep 2012 00:49:36 -0000

I have a kindle and love buying books for it. I then downloaded the Kindle app for my iPad, my DroidX phone, and my laptop. Whatever piece of equipment I need that day, I have the book with me and I can read it. The Kindle is more than just the device for me, it is a quick way to get books and have them available where and when I need them. For school I rented a textbook from Amazon. Using Kindle on my PC I was able to look things up so quickly. And when the semester was over, the book was gone. Perfect. I didn't want to own it. And the free books...so many fundamental pieces of western culture that I never got to in the past. I don't own the stock. I use the product. And it's more than the reader device. The purchase process is seamless to the point of magic. And my Kindle fits many of my pockets. It does so much more than what was promised, and it does it very well. Their price point makes them perfect gifts for people who love to read. And then you can give kindle books to them as gifts. It's wonderful. And it works so well.

Re: Amazon unveils Kindle Fire HD, but sales will remain a mystery

SBILLY — Thu, 06 Sep 2012 18:52:04 -0000

Good for consumers, not so good for Apple's profit machine. This should force Apple to sell ipad mini in line with kindle price point.
Nexus 7 with android is probably Fire's real competitor.

Re: Amazon unveils Kindle Fire HD, but sales will remain a mystery

sltstl — Thu, 06 Sep 2012 18:16:01 -0000

I've got an Ipad 3 and a Kindle Fire. Kindle lives on the toilet, makes a perfect bathroom reader :) The Ipad I won, gave it to the g/f. Its nice, but I couldn't imagine spending $500 on it. My I5 laptop only cost $400 and does soo much more.

Re: Amazon unveils Kindle Fire HD, but sales will remain a mystery

PageWraith — Thu, 06 Sep 2012 18:05:16 -0000

Blah, blah, blah. You can hate Apple but the products are good. Stop typing with one hand.

Re: Amazon unveils Kindle Fire HD, but sales will remain a mystery

Mammoth1 — Thu, 06 Sep 2012 17:58:52 -0000

How much fun are you getting out of your abacus Mr. Flintstone?

Re: Amazon unveils Kindle Fire HD, but sales will remain a mystery

serpentbreat — Thu, 06 Sep 2012 17:56:33 -0000

Sheeple wake up. The IPad is a toy. It was designed primarily to get sheeple to buy more iCrap from Apple and to no one's surprise the sheeple have not disappointed.

Re: Amazon unveils Kindle Fire HD, but sales will remain a mystery

serpentbreat — Thu, 06 Sep 2012 17:43:01 -0000

Amazon could give the devices away and still make money.

Re: Amazon unveils Kindle Fire HD, but sales will remain a mystery

Mario Correia — Thu, 06 Sep 2012 17:28:33 -0000

This is not the most scientific approach ,but what do you see on the train or bus to work? I see lots of iPads and maybe a Kindle here and there. Are people just keeping their Kindles at home? How many of these could they be selling?

Re: Amazon unveils Kindle Fire HD, but sales will remain a mystery

praxit — Thu, 06 Sep 2012 16:17:30 -0000

Cut through the cheese and get your Google android. The real deal for the price.

Re: Amazon unveils Kindle Fire HD, but sales will remain a mystery

dave colley — Thu, 06 Sep 2012 16:11:58 -0000

"The 8.9in Kindle Fire HD is only being released in the US at this time where it will become available in November."

I suppose we should be gratefull we are getting the 7 inch model in the UK at all.

Thanks Amazon :(

Re: Amazon unveils Kindle Fire HD, but sales will remain a mystery

Mikepaa — Thu, 06 Sep 2012 15:58:48 -0000

Little ironic saying that lake of transparency is hurting the stock when it is trading at 320 times this year's estimated earnings.

Re: Amazon unveils Kindle Fire HD, but sales will remain a mystery

Doctor Mobius — Thu, 06 Sep 2012 15:58:48 -0000

Hmmm... I think I'll grab the new iPad before grabbing a Kindle. But I'll agree that the Kindle is easier on the eyes when reading stuff.

Re: Amazon unveils Kindle Fire HD, but sales will remain a mystery

dupedupeshak — Thu, 06 Sep 2012 15:51:16 -0000

"As Amazon boasts often, the Kindle is its best-selling product. So in order to justify that pie-in-the-sky valuation, investors have to believe that the Kindle will generate some serious profits down the road."
Good thing product are such an insignificantly small amount of the revenue they generate. Good thing you're not an investor, either.