Amazon’s Kindle Fire has Biggest Share of Android Market

Amazon’s Kindle Fire has almost doubled its share of the Android tablet market over the past few months, from a 29.4 percent share in December 2011 to a 54.4 percent share in February 2012, according to the digital data firm ComScore.
Moreover, the Kindle Fire helped light up Amazon’s first-quarter earnings report, which beat Wall Street estimates and sent shares of the largest Internet retailer into their steepest climb in two years.
Amazon’s net income was $130 million, or 28 cents a share, compared with $201 million, or 44 cents, a year earlier. Sales rose 34 percent to $13.2 billion, the company reported yesterday.
Analysts on average estimated earnings of 7 cents on sales of $12.9 billion, according to data compiled by Bloomberg.
Kindle Fire is the best-selling and most gifted product among the millions of items available on Amazon.com since the tablet’s launch.
In the first quarter, 9 out of 10 of the top sellers on Amazon were digital products – all Kindle devices, Kindle books, movies, music and apps.
By a wide margin, the Kindle Fire has quickly established itself as the leading tablet operating on Google’s Android platform. Samsung’s Galaxy Tab family followed with a market share of 15.4 percent in February, followed by the Motorola Xoom with 7.0 percent share. The Asus Transformer and Toshiba AT100 rounded out the top five with 6.3 percent and 5.7 percent market share, respectively.

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