What do dropping Kindle Fire shipments tell us?

John Paczkowski for AllThingsD:

According to IDC’s review of worldwide tablet shipments for the first quarter of 2012, Kindle Fire shipments dropped from 4.8 million units in the fourth quarter of 2011 to less than 750,000 units last quarter. From 16.8 percent to “just over 4 percent” global market share is a swift decline indeed, and enough to cost Amazon its second-place spot in IDC’s ranking of tablet vendors. Amazon is now in third place, behind Samsung.

I expect this will help to quell rumors that Apple is putting out a smaller version of the iPad to compete with the Kindle and Nook. It doesn’t seem like consumers have any sustained interest in the Fire.