One of the great parlor games in new media is trying to guess how many Kindles are sold every quarter– in the absence of figures from Amazon (NSDQ: AMZN), analyst and media speculation has ranged from luke-warm sales to off-the-charts success. Now, two analysts are trying to fill that void with some new number crunching.
Mark Mahaney from Citigroup estimates about 500,000 Kindles have been sold since the e-reader was introduced. Here is how he gets there:
–A recent Sprint (NYSE: S) 10Q says that