We’ve seen a lot of extremely high estimates for Kindle revenues recently: a Citigroup report earlier this week projected that Kindle would bring in $3.2 billion in revenue this year, about 8 percent of Amazon’s $34.2 billion business, and would make up 10 percent of the company’s revenue next year.
But a new report is even more optimistic: Caris & Co. analyst Sandeep Aggarwal estimated today that Kindle will rake in over $5.48 billion this year, and $8.64 billion in 2012.
Kasey Chambers Megan Ewing Kristanna Loken Aubrey ODay Drew Barrymore
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