Amazon.com's (NAS: AMZN) Kindle Fire is for real.
A week that began with a scorching critique on early adopter resentment -- likening the e-tailer's entry-level tablet to the short-lived Edsel -- was capped off with a rare rebuttal on behalf of Amazon.
Amazon issued a press release claiming that it has sold millions of Kindle Fires already. The leading online retailer says that sales growth is accelerating with every passing week and that it has ordered millions more. In other words, even with its flaws the $199 price point is proving to be too tempting to pass up.
Apple (NAS: AAPL) may not be publicly worried, but it can't be a coincidence that some analysts are scaling back their iPad 2 targets for this holiday quarter just as a "good enough" tablet is making waves.
Briefly in the news
And now let's take a quick look at some of the other stories that shaped our week.
Until next week, I remain,
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