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October 7, 2009

Kindle goes global

Kindle is about to be loved (and hated) the world over.

Amazon has announced another price cut, down from the original $399 in 2007 to $259 today. However, our reading brothers and sisters in Australia, Japan, India and Germany willl pay a bit more, at $279.

And here's the bad news for book purists: According to Amazon CEO Jeff Bezos, "I think that ultimately we will sell more books in Kindle editions than we do in physical editions." Considering how large a share of the books market Amazon has, I find that prediction stunning.

With a bad economy and Christmas coming up, this was clearly a good business move for Amazon, but I wonder how many previously on-the-fence readers will now embrace the e-reader?

And how low would the price have to go for you to buy one, Dave?

Posted by Nancy Knight at 9:00 AM | | Comments (2)
        

Comments

I know Dave is excited about this! LOL

It has to be less expensive than that new putter I have my eye on.

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About the blogger
Dave Rosenthal came to The Baltimore Sun as a business reporter in 1987 and now is the Maryland Editor. He reads a wide range of books (but never as many as he'd like), usually alternating between non-fiction and fiction. Some all-time favorites: A Confederacy of Dunces by John Kennedy Toole; Wind, Sand and Stars by Antoine de Saint-Exupery; and anything by Calvin Trillin or John McPhee. He belongs to a book club with a Jewish theme.
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