In the last few weeks, a lot questions have been raised about Amazon’s new big-screen Kindle, the DX. Will it really change the magazine industry, as we know it? Will people really pay $489 for an e-reader with no color? How will it compare to the adorable but not-a-major-brand Plastic Logic? Will Amazon really be so bold as to swipe a cool 70% from Kindle’d bloggers’ revenue? We’re watching the headlines closely.
Today’s news? PaidContent.org reported that analysts are estimating Amazon’s Kindle will rake “$300 million in revenue this year and $70 million in profit, growing to $1.6 billion in revenue and at least $400 million in profit by 2012.”
Not sure how we feel about Amazon raking in such major dough on the backs of bloggers and magazine publishers everywhere.
What do you think?
