Apple Courts Publishers, While Kindle Adds Apps
It's a formidable high-tech face-off: Amazon versus Apple for the hearts and minds of book publishers, authors and readers.
Amazon's Kindle devices and electronic bookstore now dominate a nascent but booming market, accounting for more than 70 percent of electronic reader sales and 80 percent of e-book purchases, according to some analysts. And on Thursday it will take a page from Apple and announce that it is opening up the Kindle to outside software developers. Apple's much-anticipated tablet computer, which is widely expected to be announced next Wednesday and go on sale this spring, will be a far more versatile (and expensive) device that will offer access to books, newspapers and other reading material through Apple's popular App Store on iTunes. Book publishers, who rail against the dominance of Amazon and its insistence on discounting new releases to $9.99, are now playing the tech titans against each other.
Apple Courts Publishers, While Kindle Adds Apps Amazon Launches Royalty Plan for E-Books (WSJ)