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Kindle 'must-have' for xmas

Amazon's Kindle e-book reader will sell more than 380,000 in 2008, according to analysts at CitiGroup, reports The Register.

The Kindle figures are based on positive reviews of the product as well as the fact that it is still topping Amazon.com's best-selling list. Analyst Mark Mahaney added that "a Kindle is going to be the must-have item for this Christmas", pointing out that his predicted sales are roughly the same as those achieved by the iPod in its first year.

He added that by 2010 the Kindle will be contributing $1bn annually to the retailer--4% of their total revenue.

The Register

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