The country trails the United States and Japan in total e-commerce spending but is forecast by the Boston Consulting Group to take the No. 1 position by 2015.
Pacific Crest analyst Chad Bartlev this morning cut his 2012 forecast for Kindle e-reader sales to 12.3 million units to 24 million, asserting that his latest checks find that Q1 Kindle component orders have fallen more than 75% from initial expectations in early January.
To justify its stock price, Akamai must position itself to triple revenue per customer figures for media and e-commerce (online shopping) verticals by the end of our forecast period.