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Last Updated : Oct 24, 2011 09:30 AM IST | Source: Tech2.com

Amazon's tablet may be hottest holiday gadget

The Kindle Fire tablet may be the hottest selling gadget this holiday, pressuring Amazon.com Inc's profit margins but giving the world's largest Interne ...


The Kindle Fire tablet may be the hottest selling gadget this holiday, pressuring Amazon.com Inc's profit margins but giving the world's largest Internet retailer potentially millions of new high-spending customers. Since Amazon Chief Executive Jeff Bezos unveiled the tablet at a lower-than-expected price of $199 on Sept. 28, some analysts have increased their sales estimates for the device. Amazon got 95,000 Fire pre-orders on its first day and has been averaging about 20,000 a day since then, email-monitoring firm eDataSource estimated. The device ships Nov. 15.

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First Published on Oct 24, 2011 09:22 am
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