Amazon Kindle to generate $5.42 billion in revenue for 2011

The International Business Times reports that analysts predict the Amazon Kindle will generate more than $5.42 billion in revenue with $1.21 billion in gross profit for 2011.

Hang onto your hats, they go on to predict Kindle will perform to the tune of $7.96 billion in revenue with $2-billion in gross profit in 2012.

This inspiring news for any of the tried and true, the traditionalists, who still cling to the belief that digital publishing is a trend.

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1 comment

    • T. Webb on May 12, 2011 at 10:01 am

    It _is_ a trend… just one that will continue to increase!

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