Amazon Reports Kindle Sales Tripled Since Price Slash
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Amazon has reported that sales of its Kindle 2 E-Reader have tripled in only a month since they lowered the entry level price from $259.00 to $189.00. Amazon also reported that the Kindle continues to be the number one selling electronic device on all of their Websites.
The Kindle was the first Electronic Reader to really make an impact with consumers. The Price slash was directly arbitrated to the success of the Apple iPad.
In other news, this is a golden age of E-Books, Amazon reported that Kindle book sales are soaring. For every 100 hardcover titles sold by Amazon over the past three months, it has dispatched 180 Electronic Books. In all, Amazon sold three times the number of Kindle titles in the first half of 2010 than in the first six months of 2009.
The Amazon price slash spurned many rivals such as Barnes and Noble to lower their entry level price on their “Nook” from $259 to $199.00. Sony also lowered prices on their entire range of e-readers.
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