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Friday, March 29, 2024

Kindle Fire May Retail for $199, but Amazon is Paying $249 Per Unit

Courtesy of Benzinga.

Will the Kindle Fire be the first tablet since the HP TouchPad to take a loss on every unit sold?

Piper Jaffray analyst Gene Munster seems to think so, telling AllThingsD that Amazon is “likely losing about $50 per Kindle Fire.”

He says this without providing any data to support this assumption. But Munster is known for making accurate predictions. While his estimate may not be 100% accurate, $249 isn’t that much less than the $318 Hewlett-Packard (NYSE: HPQ) spent on every TouchPad.

Follow me @LouisBedigian

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