Amazon s ( AMZN ) first Kindle Fire took the holidays by storm last year. Following a white-hot debut, Amazon s slate had reportedly taken 14% of the global tablet market in the fourth quarter of 2011 despite being available for only six weeks in the quarter. This holiday season was a different story though, as new entry-level tablets from Google ( GOOG ), Barnes & Noble ( BKS ) and Apple ( AAPL ) gave consumers a number of attractive options they didn t have last year.
[More from BGR: BlackBerry 10 browser smokes iOS 6 and Windows Phone 8 in comparison test [video] ]
According to Pacific Crest analyst Chad Bartley, Kindle Fire sales this holiday season are shaping up to come in lighter than had been expected. As a result of hot competition from the iPad mini and other rival devices, the analyst cut his fourth-quarter Kindle Fire and Kindle Fire HD sales estimates by 25% to 6 million units.
[More from BGR: LG s woeful comeback attempt ]
This is negative for Amazon s digital ecosystem, Bartley wrote in a note to clients on Tuesday evening. Although weak Kindle Fire demand is potentially positive for profitability, it does imply that Amazon is still struggling to compete against Apple, and may even be seeing competition from Google. This could make it more difficult for Amazon to drive incremental purchases of digital media and physical products over the longer term.
Shares of Amazon were trading up 0.23% at $261.00 during Wednesday s pre-market session.
This article was originally published by BGR
Blog List
-
Kaley Cuoco Shows Off Fit Physique In Skin-Revealing Yoga Outfit - By Suzy Byrne Kaley Cuoco leaving yoga class in L.A. on Monday. (X17online.com)Kaley Cuoco gave new meaning to hot yoga on Monday when she emerged from cla...
11 years ago
Popular Posts
-
LONDON (Reuters) - Italian mezzo-soprano Cecilia Bartoli has released a year-end blockbuster that is part mystery story, part research pro...
-
In the eyes of outspoken entrepreneur Mark Cuban, the battle for smartphone supremacy has been fought and won by Nokia ( NOK ). While host...
-
1. PHLIP Ages 4-up Overall rating: 4.1 out of 5 stars Why we like it: PHLIP is a spatial relations puzzle where yo...
-
CAIRO (Reuters) - Egyptian Islamists are planning a mass protest in Alexandria on Friday in a move likely to raise tensions on the eve of ...
-
1. Selfie "Cuz I'm Right Here, ain't nobody gotta hold ya." - Justin Bieber Photo stats: 55,400 ...
-
Monday, Dec. 17: Instagram Updates TOS Readers had varying reactions to Instagram's updates. Some felt that they were fair: If you don...
-
Where is the NRA ? The nation's largest gun-rights organization typically outspoken about its positions even after shooting deaths ...
-
SINGAPORE (AP) A young Indian woman who was gang-raped and severely beaten on a bus died Saturday at a Singapore hospital, after her horri...
-
TORONTO (AP) -- Struggling BlackBerry maker Research In Motion Ltd. will release its fiscal third-quarter results after markets close Th...
-
NEW YORK (AP) New York City police whistle-blower Frank Serpico says Al Pacino played him better than he did himself. Pacino played the dete...
