Amazon Kindle Selling for Double Price on eBay
Sat Dec 15, 2007 3:25PM EST
See Comments (4)
Amazon's precocious Kindle e-book reader may not have convinced everyone of its merits, but I guess it didn't have to. The unit sold out quickly (and Amazon says no more will be delivered before Christmas), and it's now selling for huge premiums on eBay, that great indicator of an item's true market value.
How much? The average selling price is currently $830, with at least one seller asking (and one getting) a whopping $1,500 for the unit.
The news comes as a real surprise to those of us who (myself included) had predicted the Kindle would not sell well at $399, thinking it was far too expensive for the mass market.
While this may just be the early economic throes of a small market that nonetheless has more demand than supply (remember that early-model PS3s sold for similar premiums right after their release), it's still an impressive sign of strength and an indication of a bright future for the e-book market in general. Perhaps e-books aren't the minuscule niche we'd thought them to be? When Amazon gets additional supply on the market—or possibly a Kindle with an improved/tweaked design—then perhaps we'll see what e-books can really do.
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2 Posted by rogueist on Mon Dec 17, 2007 12:14PM EST Report Abuse
I see a few going for $3,000 already... Amazing...
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3 Posted by rstittsworth on Wed Dec 19, 2007 8:12PM EST Report Abuse
What can a Kindle do that a Palm or other hand held device cannot do? I read books by using my T/X and I just don't understand why someone would be willing to sheck out $399 or more for an e-book reader.
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4 Posted by robertlkyle on Sun Dec 30, 2007 5:07AM EST Report Abuse
Looks like the Sony Reader. Except this think is wired (i mean wireless) directly into Amazon central. What a fantastic idea!
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1 Posted by culver602004 on Sun Dec 16, 2007 1:15PM EST Report Abuse
I've got my Kindle, and I'm not selling at any price. Well, everything has a price, but I love this device. If you are a devoted reader, the Kindle is for you. I'll still use the library. However, for those hard to get new books, the Kindle can't be beat. A minute after I ordered a book, it had been downloaded. Instant gratification.