Analyst Predicts Amazon May Sell as Many as 12 Million Kindle Fires Next Year

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Citigroup analyst Mark Mahaney believes that the current incredible success of the Amazon Kindle Fire will likely continue into next year in a big way. So far, almost all predictions, even from Amazon themselves, is that the device will sell about 5 Million units by the end of the 4th quarter of this year. Mahaney predicts that the Kindle Fire will sell up to 12 Million units in 2012. If that happens, in just a year's time, Amazon will have captured 15% of the tablet market and generated about $3.2 Billion in revenue. The main reason Mr. Mahaney thinks that the tab will be such a runaway success is because he calls it an, “unmatched content cross-sell opportunity.”

Source: Kindle-FireForum via BGR