Thursday, May 15, 2008

No Wonder CitiGroup Is In Deep Shit

Just look at the quality of the brain power over there:
The Kindle, Amazon’s ugly but useful ebook reader that launched in November 2007, may be a burgeoning hit, says Citigroup Analyst Mark Mahaney. Citi expects Amazon to generate between $400 million and $750 million in revenue from the Kindle by 2010, or 1% - 3% of Amazon’s total revenue.

My Comment in reply:
Was this guy from Citi a transfer from their subprime loans division?

Previously here:

eInk eBook Readers: They’re All Dead, Jim!

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