Thursday, August 30, 2012

Amazon says sold out Kindle Fire has 22 percent of U.S. market




Amazon.com Inc said on Thursday that its Kindle Fire tablet accounts for 22 percent of U.S. tablet sales and that the device is sold out.  The tablet hit stores last November at a cost well below that of Apple Inc's market-leading iPad., Reuters UK reports.

Since the Kindle Fire launch last year, Google Inc has introduced a seven-inch tablet called Nexus 7, which has been selling well. Barnes & Noble Inc's Nook Tablet, introduced last autumn, has also been popular.  Amazon said its Kindle Fire is sold out, but its statement did not say when the device would be back in stock, nor how many Amazon has sold.

Amazon is holding a press event next week in Santa Monica, California, fueling speculation it will launch new tablet devices.

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