Apple's iPad is good for Amazon's Kindle, which has 76% of eBooks market
When Apple unveiled its iPad in January with its full-color high-resolution glory, many assumed it would be end of story for Amazon.com’s Kindle book store and its black-and-white reader.
Turns out the iPad has actually helped Amazon. Not only are sales of the Kindle device expected to grow 140% this year to nearly 5 million units from 2009, but digital book sales via the Kindle store are on track to grow 195% to $701 million in 2010, according to Cowen and Co., which released a report Monday on the digital book market.
» via The Los Angeles Times
