Profit GAP

The iPad Factor in Digital Readers

"The electronic book market is looking increasingly hot, flat and crowded. A vicious price war has broken out among producers of digital readers because of Apple’s success with the iPad. Companies like Amazon hope that selling tomes across multiple devices will fill the profit gap. But competition in e-book distribution is heating up and could pressure margins there, too.

Apple has sold more than three million iPads in about two and a half months. While Amazon doesn’t give figures, analysts think it has sold a similar number of its Kindle e-readers over two and a half years."

Robert Cyran, June 28, 2010

Apple sold more than 3M iPads in 2.5 months

Amazon sold more than 3M Kindles in 2.5 years

There's a gap too.

The New York Times loves the gap.

Why not.