Peter Kafka

Recent Posts by Peter Kafka

So Maybe the Kindle Fire Wasn’t Quite That Hot

Amazon has sold a lot of Kindle Fires, but not as many as Anthony DiClemente once thought.

The Barclays analyst now thinks Amazon moved five million units in the last few months of 2011. That’s down from his earlier estimate of 5.5 million, which was up from an even earlier estimate of 4.5 million.

Of course, Amazon could clear all this up by simply telling investors how many devices it sells. But if you held your breath waiting for that to happen, you would need really, really strong lungs.

If you like tracking analyst prognostications, you should also note that DiClemente has lowered his 2012 Kindle Fire and e-reader estimates, in part because he now thinks Amazon may not release new models until the second half of the year.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work