Pac Crest's Chad Bartley is slashing his estimates for Amazon (AMZN) following checks that...

|By:, SA News Editor

Pac Crest's Chad Bartley is slashing his estimates for Amazon (AMZN) following checks that indicate slumping Kindle e-reader sales and a slight improvement in Kindle Fire demand. Bartley's 2012 e-ink Kindle estimate is lowered to 9.7M from 12.3M, while Kindle Fire sales, which appear to have fallen sharply in Q1, are now expected to be at the high end of 12M-15M range. IDC recently predicted e-reader shipments would fall slightly in 2012 as more consumers opt for tablets. (earlier)