Posts tagged with Barnes And Noble

The future of e-readers: A cheap Kindle is a sold out Kindle

Amazon has seen great success with the Kindle. And last week, the company dropped the cost of its e-reader once again. And saw the new Kindle sell out over the weekend.

Strong sales of e-readers have showen that people want to read books on a digital device. And considering that Amazon is a marketplace for books, dropping the price of its reader paves the way for the company to be the one bringing in those book sales.

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Barnes & Noble makes a move, finally

B&NIt would be easy to feel a bit sorry for Barnes & Noble. It is the biggest brick and mortar bookseller in North America, fighting the good fight for literacy against a tide of economic disaster. It has been laid waste by the internet and in particular, Amazon, one of the most innovative companies ever. Competing against Amazon in the 90s was kind of like playing Michael Jordan in his rookie season. You just didn't know how good he was until you lost to him. Then, after the B&N business model was hit hard, the printed page is being attacked by eBooks.

But this here is business, young man, and it's no time for the faint of heart. No longer is B&N employing the  the "if you can't beat 'em don't join 'em" strategy. It has finally, and admirably, made a move that doesn't involve closing stores. Late last week it purchased Fictionwise, an eBook retailer that is rumored to be developing a Kindle-competitor, hand-held eBook reader.

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