“Pacific Crest’s Chad Bartley this morning reiterates a Sector Perform rating on shares of Amazon.com, after his supply chain ‘checks’ suggested to him that the company’s ‘Kindle Fire’ tablet computer, based on Google‘s Android operating system, is not selling as well as he’d previously thought,” Tiernan Ray reports for Barron’s.
“Bartley now models Amazon selling just 6 million units this quarter of the Fire, down from 8 million previously, and 10.5 million for all of 2013, down from 12.5 million previously,” Ray reports. “Bartley’s estimate for this fiscal year goes to $62.11 billion in revenue from a prior $62.57 billion, while his EPS estimate stays at $2.37. His 2013 estimates go to $78.23 billion and $2.70 per share from a prior $78.94 billion and $2.60 per share.”
Read more in the full article here.
MacDailyNews Take: iPad and iPad mini, killers.
Cue Bozos to issue an Amazon press release trumpeting “record” Kindle sales of a gazillion mabillion squadillion in 3… 2…
[Thanks to MacDailyNews Reader “David E.” for the heads up.]
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