Kindle Fire Review of News: Big Gift, Big Profit, Big Update - New iPad Cuts Orders?

There's some new Amazon Kindle Fire news today. Kindle Fire owners should be happy with a new update and investors will be happy with the expected profit from Kindle Fire sales.  

The survey shows that he Kindle Fire is not an iPad replacement but primarily used as and eReader. However, there are reports that Amazon has reduced its manufacturing orders in China due to the looming next generation iPad launch.

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Kindle Fire News: Cools iPad Sales & Elastic Compute Cloud Hijacked

Kindle Fire New View

Kindle Fire New View

There's been some new Kindle Fire news to start off the new year. The Kindle Fire has burned a slight hole in the momentum of iPad sales and its browser has been ported to other Android devices.  The Kindle Fire was hottest selling and most-wished-for item on Amazon and named the most-gifted-promoted tablet by Wireless and Mobile News.

Morgan Keegan lowered its  shipment estimates for iPad in the December quarter from 16 million to 13 million due to Kindle Fire sales.

"Based on data from Amazon, we believe the Amazon Fire likely sold 4 - 5 million units this holiday season," wrote Tavis McCourt, a Morgan Keegan analyst who estimates that the Kindle Fire accounted for a loss of maybe 1 - 2 million iPad sales.

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