News Column

Kindle Fire Sells Out Ahead of Expected New Model

Aug. 30, 2012
Kindle Fire
Kindle Fire

Amazon has sold out of its Kindle Fire tablet, the web retailer announced Thursday, just days before it is expected to announce a new version of the popular mobile gadget.

Amazon has not released official sales figures for the device, but says that the 7-inch screen tablet has captured some 22 per cent of the US tablet market since its launch 11 months ago.

Analysts estimate that up to 10 million units have been sold, but that it has been struggling of late to compete with newer models like Google's Nexus 7, which offer better specifications at the same price.

"We're grateful to the millions of customers who have made Kindle Fire the most successful product launch in the history of Amazon," said Jeff Bezos, Amazon.com founder and chief executive.

Amazon has scheduled a big press event in Santa Monica, California, next Thursday, where it is expected to announce new tablet models, including perhaps a larger one or even a smartphone.



Source: Copyright 2012 dpa Deutsche Presse-Agentur GmbH