Wednesday, December 3, 2008

Jeff Bezos and the Kindle blooper at Amazon

Hey, online holiday shoppers, billionaires too can get the math wrong on occasion as well.

"Sorry!" (says Jeff)

For the second year in a row, Amazon billionaire Jeff Bezos neglected to correctly forecast and build the required amount of Kindles necessary to satisfy market demand for the 2008 Holiday Shopping Season.

Ooops!

For all you economic students out there, this is a lesson in (lost) opportunity cost analysis.

Sure this isn’t a billionaire dollar mistake, but Amazon has lost many, many millions of dollars in lost sales for not having the Kindle ready to ship.

So what is a Kindle buyer to do? Well, there is always a market somewhere and that market is called: eBay.

Yes friends, eBay like last year is providing a marketplace of new and used Kindles to satisfy your Holiday shopping demand.

Have a Merry Christmas no matter where you buy your Kindle.


Article: Kindle Shopping Holiday Update



Kindle at eBay