“Wal-Mart Stores Inc will no longer sell Amazon.com Inc’s Kindle products, making a bet that consumers are more interested in other gadgets,” Jessica Wohl reports for Reuters. “‘We have recently made the business decision to not carry Amazon tablets and eReaders beyond our existing inventory and purchase commitments,’ Wal-Mart said in a memo sent to store managers on Wednesday. ‘This includes all Amazon Kindle models current and recently announced.'”
“Wal-Mart’s decision to pull the plug on Kindles, which was reported first by Reuters, comes roughly five months after Target Corp stopped selling the products,” Wohl reports. “Amazon’s margins on selling Kindle are believed to be thinner than those of other gadget makers, in particular Apple Inc. As a result, Amazon may not have much in the way of profits to share with retailers like Wal-Mart. Amazon’s e-readers are the best-selling electronic readers, with the first version of the Kindle Fire tablet grabbing about a fifth of the U.S. tablet market.”
MacDailyNews Take: No, Amazon’s original Kindle Fire did not capture “about a fifth of the U.S. tablet market.”
• Apple’s revolutionary iPad widens lead as tablet sales surge – June 15, 2012
• Apple’s massive domination of tablet market unabated as Amazon’s tiny screen Kindle Fire demand tumbles – June 5, 2012
• Apple’s iPad remains dominant in Q112 while Amazon’s tiny screen Kindle Fire fizzles – June 4, 2012
• Amazon’s tiny screen Kindle Fire shipments have dropped off a cliff – May 9, 2012
• Amazon’s Kindle Fire shipments fizzle to anemic 4% market share – May 4, 2012
Wohl reports, “Wal-Mart continues to sell iPads… Tablet owners are most satisfied with Apple’s iPad, followed closely by Amazon’s products, according to a J.D. Power and Associates tablet satisfaction study released last week.”
Read more in the full article here.
MacDailyNews Note: There are currently more than 3,000 Wal-Mart Supercenters, over 600 Walmart Discount Stores, and more than 600 Sam’s Club stores in the U.S. There are currently over 1,775 Target stores in the U.S.
MacDailyNews Take: Boom!
Aww, did you scare you, make you poop your pants, poor widdle wannabe monopolist DOJ-whiner, Bezos?
[Thanks to MacDailyNews Readers “Fred Mertz” and “Lynn Weiler” for the heads up.]
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