Will the Kindle be a $1 billion business?

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By Joe Wikert

Amazon Director John Doerr apparently thinks so. That, and a few other tidbits are included in this BusinessWeek article. For example, this excerpt shows that CEO Jeff Bezos is willing to bet the farm on the Kindle initiative:

“I remember one meeting where one of our executives said to me, ‘So how much are you prepared to spend on Kindle, anyway?’ I looked at him and said, ‘How much do we have?’”

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