Sandeep Aggarwal, an analyst at Caris & Co. is predicting that Kindle will be a five and a half billion dollar business for Amazon this year.
He told the International Business Times: “In our view, in 2011 Kindle can generate revenue in excess of $5.42 billion and $1.21 billion in gross profit; by 2012 we expect at least $7.96 billion in total revenue and $2.00 billion in gross profit.”
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