More on Amazon's Kindle
- Posted by Howard
- on November 23rd, 2007
OK I ordered a few. I expect this to be the real gift that keeps giving of next year.
I just read uber smart Michael Parekh’s post . I like that he agrees with me here.
Amazon is sitting on a goldmine as I said in my last post on Kindle with a storefront in everyone’s briefcase. This product has zero expectations built into the stock. I am not rushing in to buy more stock here (more market related), but I think I will be paying up in the next 12 months and this could put them in a different category long-term.
They finally have a device to help sell more razor blades. Sure, the selections are not perfect or deep enough yet and the design is being mocked, but they are not Apple. I like that they get that.
Apple owns music and laptops and maybe a section of the phone biz and RIMM owns business phones, but everyone reads. If your kid likes to read, you are doing them a disservice to not put literature at their fingertips for $400.
My daughter loves to read and she will freak when she gets it. My son hates to read, but may read more now that he has a cool tool to interact with wirelessly. If he continues to just like to write and misspell like his dad, I will use it.
I am so excited to see my wife Ellen’s reaction as she loves to read. Developing… :)
Disclosure- Long Amazon
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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