Word: ipad
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Dates: during 2010-2019
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...though, analysts aren't expecting a mad rush to the iPad since the Kindle's $259 price tag is far cheaper than those of the iPad, which will range in price from $499 for the cheapest version to $899 for a model with 3G capability for Internet access anywhere...
...revolution similar to what happened to the music industry more than a decade ago. So far, Amazon's Kindle has had a first-out-of-the-gate advantage over rival e-readers from Sony and Barnes & Noble. But industry experts believe the recent launch of Apple's highly anticipated iPad tablet, a device that offers Web-browsing, e-mail and other laptop functions in addition to an e-reader, could be the Kindle's biggest threat yet. Apple has already signed up five publishers to sell e-books for its iPad. "There's clearly competitive risk," says Mark Mahaney...
...Ostrofsky believes Amazon will have to revamp and upgrade the Kindle to stay competitive. "My guess is that Jeff [Bezos] is going to have to come out with a color version darn fast - probably faster than he wanted to - because the iPad is going to take market share away," he says. On Feb. 4 the New York Times reported that Amazon had purchased Touchco, a start-up company specializing in touchscreen technology...
Adding to the iPad threat is a dispute over e-book pricing. Apple signed deals that allow publishers to set the prices in Apple's iBooks store, and new e-book best sellers are expected to be priced at $12.99 to $14.99 - which is considerably higher than Amazon's $9.99 price. Publisher Macmillan is already pressuring Amazon to offer similar pricing. It demanded the right to set prices on Amazon, causing an angry Amazon to pull all of Macmillan's books from its site. However, two days later, amid a firestorm of debate, Amazon indicated that it would agree...
...Amazon's stock took a hit in the wake of the iPad launch and book-pricing dispute, falling 9%, although it has since partially recovered. Some analysts believe the sell-off was overblown. "I think the Street is making a bigger noise out of it than it really is," says Khorsand...