Amazon Kindle not looking like a hit


Today marks the launch of Amazon.com's (NASDAQ: AMZN) Kindle: Amazon's New Wireless Reading device.

I just watched a video demonstration of the machine here, and it looks pretty cool. But I'm not going to order one because, at $399 plus the cost of books, it just doesn't seem like a bargain.

And Amazon shoppers aren't too impressed. The 300+ people who have reviewed the gadget so far are giving it just 2.5 out of 5 stars on average, the same number of stars that Gigli, Ben and Jennifer's colossal flop is scoring on the site.

Given that the product is so new, it's up for debate how many of the reviewers have even tried the device. Most of the reviews seem to cite the high price as a major turn-off.

It's too early to call this a handheld Edsel, but you have to wonder whether people will rush to buy it with the reviews looking so poor.

Reader Comments (Page 1 of 1)

Symbol Lookup
IndexesChangePrice
DJIA+6.5112,890.46
NASDAQ+11.372,927.23
S&P 500+1.991,351.95

Last updated: February 10, 2012: 05:13 AM

Hot Stocks

General Electric

19.13-0.11(-0.57)

Alcoa

10.64-0.03(-0.28)

Apple Inc

493.17+16.49(+3.46)

Google Inc 'A'

611.46+1.61(+0.26)

Bank of America

8.18+0.05(+0.62)

Wal-Mart Stores

61.96+0.34(+0.55)

Exxon Mobil Corp

84.88-0.44(-0.52)

Ford

12.69-0.15(-1.17)

Citigroup

33.66-0.57(-1.67)

IBM

193.13+0.18(+0.09)

Yahoo

16.00+0.22(+1.39)

Starbucks

49.20+0.48(+0.99)

Microsoft

30.77+0.11(+0.36)

Home Depot

45.27+0.10(+0.22)

DailyFinance Headlines

Benzinga Headlines

TheFlyOnTheWall.com Headlines

    BioHealth Investor Headlines

    WalletPop Headlines

    DailyFinance BlackBerry App

    My Portfolios

    Track your stocks here!

    Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

    BloggingStocks Partners

    More from AOL Money & Finance

    BioHealth Investor Headlines

    Page Loaded in 1328868824400 ms.