Wednesday, January 25, 2012

Amazon?s Kindle Fire had no impact on iPad sales, Apple CEO says

Amazon’s Kindle Fire had a huge holiday season by all accounts, with fourth-quarter sales that may have exceeded 4 million units�according to analyst estimates. While a number of analysts made predictions that Amazon’s $199 tablet would take a bite out of iPad sales ? Morgan Keegan’s Travis McCourt thought the Kindle Fire could cost Apple as much as $1 billion in holiday sales ? it looks as though Apple’s iPad business emerged�unscathed. Read on for more. Following Apple’s first-quarter earnings report, which was the most profitable quarter ever reported by a technology company, CEO Tim Cook stated on the company’s earnings call that the Kindle Fire had no impact on iPad sales whatsoever. Cook said that he looked very carefully

Source: http://feedproxy.google.com/~r/TheBoyGeniusReport/~3/kmdtLjj673A/

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