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Kindle sales in the “millions” says Bezos
January 29, 2010 | 7:00 am
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By Paul Biba
In Amazon’s fourth quarter financial announcement, Jeff Bezos had a bit more to say about the Kindle than he usually does. Comments made at these times have to be accurate or a company could have SEC problems. Thus, we can be pretty sure that Bezos is not just puffing:
“Millions of people now own Kindles,” said Jeff Bezos, founder and CEO of Amazon.com. “And Kindle owners read, a lot. When we have both editions, we sell 6 Kindle books for every 10 physical books. This is year-to-date and includes only paid books — free Kindle books would make the number even higher. It’s been an exciting 27 months.”
Thanks to Aaron Pressman for the link.
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Comments:
Amazon has got me hooked on buying. I’ll have to live until I’m 500 yrs old to read everything I’ve bought. They really do have a great selection. Much better than anyone else.
As you note, comments made at these calls carry some weight. They are, therefore, carefully parsed: should a CFO or CEO wish to leave a false impression, he must ensure that the literal meaning of his words is truth.
Here we note that Mr Bezos did NOT say they had ‘sold millions of Kindles’ — he said ‘millions of people now own Kindles.’
pond: What are you trying to say? There’s been a rash of hundreds of thousands of Kindle thefts from warehouses? Kindles are, like tribbles, giving birth to baby Kindles? I don’t recall any massive Kindle giveaways, so I’m not sure how millions of people could own them without Amazon having sold them.
Let me re-parse that for you – “At least 2 million people own a kindle device. That’s lifetime sales, not yearly or quarterly, and also doesn’t mention anything about whether sales are increasing or decreasing.”