by Hyung Lee, Staff Writer, The Daily Princetonian
When the University announced its Kindle e-reader pilot program last May, administrators seemed cautiously optimistic that the e-readers would both be sustainable and serve as a valuable academic tool. But less than two weeks after 50 students received the free Kindle DX e-readers, many of them said they were dissatisfied and uncomfortable with the devices.
by Andrew LaVallee, Reporter, The Wall Street Journal
Amazon.com’s first-quarter earnings grew 24 percent to $177 million, compared with the year-ago period, while net sales rose 18 percent to $4.89 billion.
In a statement, Amazon CEO Jeff Bezos said sales of its Kindle e-book reader “exceeded our most optimistic expectations.”
by Micah L. Sifry, Executive Editor, Personal Democracy Forum
While much of the tech industry and blogosphere is pondering who President-elect Barack Obama might appoint as the nation’s first Chief Technology Officer–Eric Schmidt? Jeff Bezos? Larry Lessig?–a bunch of heavy-hitting public interest groups in Washington and a couple of civic-minded techies out in Seattle have each launched promising interventions in the discussion.
by Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily
If we’re in a recession, you wouldn’t know it from looking at Amazon.com’s (AMZN) June quarter results.
Amazon shares are up sharply in an otherwise ugly market Thursday morning, propelled onward by some gushing post-earnings commentary from the Street. The key point: The company’s revenue in the June quarter actually accelerated from the March quarter, despite a weakening economy.
by Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily
Amazon.com (AMZN) CEO Jeff Bezos has taken a stake in Twitter, the red-hot microblogging service. Twitter announced the move in a blog post Tuesday Bezos made the investment through Bezos Expeditions, a vehicle for his personal investments.
by Evan Schnittman, Vice President of Business Development, Oxford University Press
When the Kindle first launched there was plenty of predictions about how it and its predecessor the Sony Reader would sell. Over time the chatter died down, halted partly by the Kindle going out of stock. At the end of April, the chatter returned and hit full volume after last week’s Book Expo America in Los Angeles. The catalyst was Jeff Bezos’ speech, which let out some tantalizing, yet cryptic information on ebook sales volume at the Kindle store. The chatter, as reported in the NY Times, has publishers and others speculating that Amazon has sold somewhere between 10,000 – 50,000 Kindles. I think all the speculations are completely wrong. By my calculations, combined sales of the Amazon Kindle and the Sony Reader will be 1,000,000 units in 2008.
There are two ways to look at Amazon.com: as a retailer, and as a software company that runs a retailing application. Both are accurate, and in combination they explain why Amazon, rather than a traditional computer company, has become the most successful early mover in supplying computing as a utility service. For Amazon, running a [...]
Today at the D6:Conference, the corporate doyens and business leaders were out in full force, both on and off stage. Those who were grilled on stage showed were true to their form–Amazon’s Jeff Bezos charmed everyone with optimism for Kindle, Yahoo’s Jerry Yang was all emotion and patience, and Mark Zuckerberg of Facebook showed that he is still a young fella brimming with big dreams.
by Peter Kafka, Managing Editor, Silicon Alley Insider
The saga of the Kindle, the product so popular that nobody has one, continues. Jeff Bezos has turned Amazon.com’s home page into an apology/ad for the device.
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